TBH Global Asset Management LLC Makes New $6.73 Million Investment in JPMorgan Diversified Return International Equity ETF $JPIN

TBH Global Asset Management LLC acquired a new position in JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 98,804 shares of the company’s stock, valued at approximately $6,733,000. JPMorgan Diversified Return International Equity ETF makes up approximately 1.1% of TBH Global Asset Management LLC’s investment portfolio, making the stock its 18th largest holding. TBH Global Asset Management LLC owned about 1.86% of JPMorgan Diversified Return International Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of JPIN. Susquehanna International Group LLP lifted its stake in shares of JPMorgan Diversified Return International Equity ETF by 207.6% during the 3rd quarter. Susquehanna International Group LLP now owns 68,446 shares of the company’s stock valued at $4,559,000 after buying an additional 46,197 shares in the last quarter. Sherman Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return International Equity ETF during the 4th quarter valued at $1,262,000. Miracle Mile Advisors LLC purchased a new position in shares of JPMorgan Diversified Return International Equity ETF during the 3rd quarter valued at $685,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of JPMorgan Diversified Return International Equity ETF during the 3rd quarter valued at $623,000. Finally, Vawter Financial Ltd. purchased a new position in shares of JPMorgan Diversified Return International Equity ETF during the 3rd quarter valued at $487,000.

JPMorgan Diversified Return International Equity ETF Stock Performance

JPIN opened at $73.48 on Friday. JPMorgan Diversified Return International Equity ETF has a fifty-two week low of $59.01 and a fifty-two week high of $77.08. The firm’s fifty day moving average is $73.03 and its 200 day moving average is $70.37. The stock has a market cap of $360.05 million, a price-to-earnings ratio of 12.60 and a beta of 0.69.

JPMorgan Diversified Return International Equity ETF Profile

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.