Financial Advocates Investment Management Grows Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Financial Advocates Investment Management boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 1.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 154,909 shares of the company’s stock after buying an additional 1,737 shares during the quarter. Financial Advocates Investment Management’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $7,440,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Albion Financial Group UT purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 2nd quarter valued at about $131,000. Wealth Enhancement Advisory Services LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at about $213,000. Mendel Money Management lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 204.1% in the 1st 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 in the last quarter. Nottingham Advisors Inc. purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at about $530,000. Finally, Pinnacle Associates Ltd. lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 26.5% in the 3rd quarter. Pinnacle Associates Ltd. now owns 11,205 shares of the company’s stock valued at $494,000 after buying an additional 2,346 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Down 0.3 %

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $47.45 on Thursday. The firm has a market capitalization of $521.95 million, a PE ratio of 11.90 and a beta of 1.07. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a twelve month low of $37.00 and a twelve month high of $49.10. The firm’s 50-day moving average price is $47.23 and its 200 day moving average price is $45.48.

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.