JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Shares Down 1% – Time to Sell?

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) traded down 1% during mid-day trading on Tuesday . The stock traded as low as $127.77 and last traded at $127.79. 2,634 shares were traded during trading, a decline of 80% from the average session volume of 12,870 shares. The stock had previously closed at $129.05.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

The company has a market cap of $396.15 million, a P/E ratio of 17.74 and a beta of 0.87. The business’s 50-day moving average price is $125.05 and its 200 day moving average price is $122.95.

Institutional Trading of JPMorgan Diversified Return U.S. Equity ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vise Technologies Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF in the second quarter valued at approximately $3,261,000. Jones Financial Companies Lllp lifted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 40.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 38,193 shares of the company’s stock valued at $4,711,000 after purchasing an additional 10,980 shares during the last quarter. Bank of America Corp DE boosted its position in JPMorgan Diversified Return U.S. Equity ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 274,097 shares of the company’s stock worth $33,963,000 after purchasing an additional 8,485 shares during the period. Jane Street Group LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 146.4% in the first quarter. Jane Street Group LLC now owns 12,283 shares of the company’s stock valued at $1,415,000 after purchasing an additional 7,298 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.2% in the third quarter. Captrust Financial Advisors now owns 220,267 shares of the company’s stock valued at $27,293,000 after purchasing an additional 6,844 shares during the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.