Diversified Return International Equity ETF (NYSEARCA:JPIN) Trading 0.8% Higher – Here’s Why

Shares of Diversified Return International Equity ETF (NYSEARCA:JPIN) rose 0.8% on Wednesday . The stock traded as high as $56.36 and last traded at $56.27. Approximately 12,235 shares changed hands during trading, a decline of 40% from the average daily volume of 20,428 shares. The stock had previously closed at $55.85.

Diversified Return International Equity ETF Price Performance

The stock has a market capitalization of $371.36 million, a price-to-earnings ratio of 10.92 and a beta of 0.73. The business has a fifty day moving average of $57.69 and a 200-day moving average of $57.32.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Diversified Return International Equity ETF stock. 3Chopt Investment Partners LLC bought a new stake in shares of Diversified Return International Equity ETF (NYSEARCA:JPIN) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 4,094 shares of the company’s stock, valued at approximately $226,000. 3Chopt Investment Partners LLC owned 0.06% of Diversified Return International Equity ETF as of its most recent SEC filing.

About Diversified Return International Equity ETF

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.