JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Share Price Breaks Below Two Hundred Day Moving Average – Should You Sell?

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) shares crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $73.92 and traded as low as $73.71. JPMorgan Diversified Return International Equity ETF shares last traded at $73.91, with a volume of 21,028 shares changing hands.

JPMorgan Diversified Return International Equity ETF Price Performance

The stock has a market capitalization of $384.33 million, a PE ratio of 12.60 and a beta of 0.68. The stock’s 50 day simple moving average is $75.14 and its two-hundred day simple moving average is $73.92.

Hedge Funds Weigh In On JPMorgan Diversified Return International Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. GK Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return International Equity ETF during the 3rd quarter valued at $69,000. Integrated Wealth Concepts LLC bought a new stake in JPMorgan Diversified Return International Equity ETF in the 2nd quarter valued at about $105,000. Curry Webb Wealth Management LLC bought a new position in JPMorgan Diversified Return International Equity ETF during the third quarter worth about $116,000. Fifth Third Bancorp purchased a new position in shares of JPMorgan Diversified Return International Equity ETF in the first quarter worth about $399,000. Finally, Worth Financial Advisory Group LLC lifted its stake in shares of JPMorgan Diversified Return International Equity ETF by 2.0% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 7,240 shares of the company’s stock valued at $534,000 after buying an additional 141 shares in the last quarter.

JPMorgan Diversified Return International Equity ETF Company 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.