Royal Bank of Canada Has $7.37 Million Position in JPMorgan Diversified Return International Equity ETF $JPIN

Royal Bank of Canada cut its stake in JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) by 41.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,429 shares of the company’s stock after selling 74,706 shares during the quarter. Royal Bank of Canada’s holdings in JPMorgan Diversified Return International Equity ETF were worth $7,369,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Quantinno Capital Management LP lifted its stake in shares of JPMorgan Diversified Return International Equity ETF by 45.5% during the 1st quarter. Quantinno Capital Management LP now owns 17,350 shares of the company’s stock worth $1,236,000 after buying an additional 5,427 shares during the last quarter. Fifth Third Bancorp bought a new position in JPMorgan Diversified Return International Equity ETF in the 1st quarter valued at about $399,000. Sterneck Capital Management LLC raised its holdings in JPMorgan Diversified Return International Equity ETF by 1.9% in the 1st quarter. Sterneck Capital Management LLC now owns 172,204 shares of the company’s stock valued at $12,268,000 after acquiring an additional 3,148 shares during the period. Financially in Tune LLC acquired a new stake in JPMorgan Diversified Return International Equity ETF during the fourth quarter worth approximately $1,254,000. Finally, Mercer Global Advisors Inc. ADV boosted its holdings in shares of JPMorgan Diversified Return International Equity ETF by 1.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 15,923 shares of the company’s stock worth $1,085,000 after acquiring an additional 165 shares during the period.

JPMorgan Diversified Return International Equity ETF Stock Down 0.9%

Shares of NYSEARCA:JPIN opened at $76.33 on Tuesday. JPMorgan Diversified Return International Equity ETF has a 12-month low of $64.92 and a 12-month high of $77.08. The business has a 50 day moving average of $73.86 and a 200-day moving average of $73.49. The stock has a market cap of $374.02 million, a PE ratio of 12.60 and a beta of 0.67.

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.