JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Hits New 1-Year High – What’s Next?

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) reached a new 52-week high on Monday . The company traded as high as $57.82 and last traded at $57.82, with a volume of 1166 shares traded. The stock had previously closed at $57.75.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.6%

The business has a fifty day simple moving average of $54.28 and a two-hundred day simple moving average of $52.51. The stock has a market cap of $592.76 million, a PE ratio of 15.86 and a beta of 1.01.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Lodestone Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $33,000. Private Wealth Management Group LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $63,000. Caldwell Trust Co purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth approximately $65,000. Horizon Investments LLC grew its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after buying an additional 804 shares during the last quarter. Finally, N.E.W. Advisory Services LLC grew its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% in the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock worth $143,000 after buying an additional 2,502 shares during the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

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.