Cornerstone Wealth Management LLC Purchases 25,784 Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Cornerstone Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the third quarter, HoldingsChannel reports. The firm purchased 25,784 shares of the company’s stock, valued at approximately $1,452,000.

Several other institutional investors also recently modified their holdings of JPSE. Bank of America Corp DE grew its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% in the first quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock worth $32,028,000 after purchasing an additional 25,608 shares during the last quarter. Hartford Financial Management Inc. acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the third quarter valued at $18,302,000. Goldstein Advisors LLC bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth $14,166,000. Aprio Wealth Management LLC bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth $14,048,000. Finally, Gerber Kawasaki Wealth & Investment Management bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth $10,882,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Down 0.9%

NYSEARCA JPSE opened at $57.11 on Friday. The business’s 50-day moving average price is $57.48 and its two-hundred day moving average price is $57.08. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $47.44 and a 12 month high of $61.27. The firm has a market capitalization of $572.24 million, a PE ratio of 15.67 and a beta of 1.01.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.