McLaughlin Asset Management Inc. Buys New Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

McLaughlin Asset Management Inc. purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 12,190 shares of the company’s stock, valued at approximately $610,000. McLaughlin Asset Management Inc. owned approximately 0.12% of JPMorgan Diversified Return U.S. Small Cap Equity ETF at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JPSE. Lodestone Wealth Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth about $33,000. Private Wealth Management Group LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth approximately $63,000. Caldwell Trust Co purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth approximately $65,000. Horizon Investments LLC boosted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the fourth quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock valued at $65,000 after purchasing an additional 804 shares in the last quarter. Finally, N.E.W. Advisory Services LLC boosted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% in the fourth quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after purchasing an additional 2,502 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Up 1.3%

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $59.22 on Friday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52 week low of $44.40 and a 52 week high of $60.01. The firm’s 50 day moving average is $57.36 and its two-hundred day moving average is $54.34. The firm has a market capitalization of $601.08 million, a P/E ratio of 15.86 and a beta of 0.99.

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