Diversified Return International Equity ETF (NYSEARCA:JPIN) Trading Down 1.5% – Here’s What Happened

Diversified Return International Equity ETF (NYSEARCA:JPIN)’s share price was down 1.5% on Wednesday . The stock traded as low as $56.22 and last traded at $56.62. Approximately 11,322 shares were traded during trading, a decline of 46% from the average daily volume of 20,983 shares. The stock had previously closed at $57.47.

Diversified Return International Equity ETF Price Performance

The firm has a market cap of $373.66 million, a P/E ratio of 10.92 and a beta of 0.73. The stock’s 50 day moving average is $58.72 and its two-hundred day moving average is $57.30.

Institutional Trading of Diversified Return International Equity ETF

Several institutional investors have recently bought and sold shares of JPIN. Eagle Bay Advisors LLC acquired a new position in Diversified Return International Equity ETF in the first quarter valued at about $30,000. 3Chopt Investment Partners LLC bought a new position in shares of Diversified Return International Equity ETF in the second quarter valued at approximately $226,000. Finally, MN Wealth Advisors LLC boosted its holdings in shares of Diversified Return International Equity ETF by 8.7% in the 2nd quarter. MN Wealth Advisors LLC now owns 5,644 shares of the company’s stock worth $312,000 after acquiring an additional 452 shares in the last quarter.

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.