JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Share Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN)’s share price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $73.92 and traded as low as $73.71. JPMorgan Diversified Return International Equity ETF shares last traded at $73.91, with a volume of 21,028 shares.

JPMorgan Diversified Return International Equity ETF Stock Down 0.4%

The stock has a 50 day moving average of $75.14 and a 200 day moving average of $73.92. The firm has a market cap of $384.33 million, a price-to-earnings ratio of 12.60 and a beta of 0.68.

Hedge Funds Weigh In On JPMorgan Diversified Return International Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Curry Webb Wealth Management LLC acquired a new stake in shares of JPMorgan Diversified Return International Equity ETF in the third quarter valued at about $116,000. Worth Financial Advisory Group LLC grew its stake in shares of JPMorgan Diversified Return International Equity ETF by 2.0% in the 3rd quarter. Worth Financial Advisory Group LLC now owns 7,240 shares of the company’s stock valued at $534,000 after buying an additional 141 shares during the period. Independent Wealth Network Inc. increased its holdings in shares of JPMorgan Diversified Return International Equity ETF by 7.4% during the third quarter. Independent Wealth Network Inc. now owns 13,314 shares of the company’s stock valued at $983,000 after acquiring an additional 917 shares in the last quarter. Stonehearth Capital Management LLC bought a new position in shares of JPMorgan Diversified Return International Equity ETF in the third quarter valued at $1,016,000. Finally, RHS Financial LLC boosted its stake in JPMorgan Diversified Return International Equity ETF by 260.0% during the 3rd quarter. RHS Financial LLC now owns 60,358 shares of the company’s stock valued at $4,455,000 after purchasing an additional 43,593 shares during the last quarter.

About JPMorgan Diversified Return International Equity ETF

The JPMorgan Diversified Return International Equity ETF (JPIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed ex-North America securities that are selected based on value, momentum, and quality factors, then weighted by the inverse of historical volatility on a sector and regional level. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.