Modera Wealth Management LLC Sells 4,506 Shares of JPMorgan Diversified Return U.S. Equity ETF $JPUS

Modera Wealth Management LLC reduced its holdings in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) by 1.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 272,402 shares of the company’s stock after selling 4,506 shares during the quarter. Modera Wealth Management LLC owned about 8.59% of JPMorgan Diversified Return U.S. Equity ETF worth $33,753,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Sterneck Capital Management LLC lifted its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.9% in the 2nd quarter. Sterneck Capital Management LLC now owns 84,758 shares of the company’s stock worth $10,018,000 after acquiring an additional 3,162 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the second quarter valued at $105,000. Apollon Wealth Management LLC lifted its position in JPMorgan Diversified Return U.S. Equity ETF by 9.2% in the third quarter. Apollon Wealth Management LLC now owns 51,262 shares of the company’s stock worth $6,352,000 after purchasing an additional 4,305 shares during the period. MGO One Seven LLC acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF during the second quarter worth $238,000. Finally, Vise Technologies Inc. bought a new stake in JPMorgan Diversified Return U.S. Equity ETF in the 2nd quarter valued at $3,261,000.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

Shares of JPUS stock opened at $128.79 on Friday. JPMorgan Diversified Return U.S. Equity ETF has a 52-week low of $101.63 and a 52-week high of $129.74. The stock has a market cap of $399.25 million, a price-to-earnings ratio of 17.74 and a beta of 0.87. The firm has a fifty day moving average of $125.41 and a 200-day moving average of $123.10.

JPMorgan Diversified Return U.S. Equity ETF 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.