Cornerstone Wealth Management LLC Purchases 7,300 Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Cornerstone Wealth Management LLC boosted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 51.7% during the 3rd quarter, Holdings Channel.com reports. The fund owned 21,418 shares of the company’s stock after buying an additional 7,300 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $1,029,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Albion Financial Group UT acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 2nd quarter valued at about $131,000. Mendel Money Management lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 204.1% in the first quarter. Mendel Money Management now owns 10,035 shares of the company’s stock valued at $454,000 after buying an additional 19,675 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 21.3% in the second quarter. Nations Financial Group Inc. IA ADV now owns 11,562 shares of the company’s stock valued at $504,000 after acquiring an additional 2,027 shares during the last quarter. Redwood Financial Network Corp grew its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.0% during the 2nd quarter. Redwood Financial Network Corp now owns 14,863 shares of the company’s stock worth $648,000 after acquiring an additional 291 shares during the period. Finally, Zega Financial LLC acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 2nd quarter worth $749,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Down 0.0 %

JPSE stock opened at $48.89 on Friday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a twelve month low of $36.69 and a twelve month high of $49.10. The company has a market cap of $537.79 million, a P/E ratio of 11.90 and a beta of 1.07. The business’s fifty day moving average is $46.83 and its 200-day moving average is $45.25.

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.