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

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) shares reached a new 52-week high on Monday . The stock traded as high as $57.42 and last traded at $57.42, with a volume of 3565 shares. The stock had previously closed at $57.26.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.2%

The firm’s 50-day moving average price is $53.94 and its 200 day moving average price is $52.18. The company has a market capitalization of $582.10 million, a price-to-earnings ratio of 15.86 and a beta of 1.00.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Large investors have recently modified their holdings of the business. Ameriprise Financial Inc. raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% during the second quarter. Ameriprise Financial Inc. now owns 130,614 shares of the company’s stock valued at $5,945,000 after acquiring an additional 4,853 shares during the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.4% in the second quarter. Bank of America Corp DE now owns 571,912 shares of the company’s stock valued at $26,015,000 after acquiring an additional 7,723 shares during the last quarter. MML Investors Services LLC increased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 10.7% during the 2nd quarter. MML Investors Services LLC now owns 36,179 shares of the company’s stock valued at $1,646,000 after purchasing an additional 3,491 shares during the period. Osaic Holdings Inc. raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.2% during the 2nd quarter. Osaic Holdings Inc. now owns 53,301 shares of the company’s stock worth $2,424,000 after purchasing an additional 2,171 shares during the last quarter. Finally, HBK Sorce Advisory LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $203,000.

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.