Schmidt P J Investment Management Inc. Boosts Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Schmidt P J Investment Management Inc. raised its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,435 shares of the company’s stock after acquiring an additional 470 shares during the period. Schmidt P J Investment Management Inc. owned approximately 0.20% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $1,050,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. DAVENPORT & Co LLC increased its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 5.4% in the fourth quarter. DAVENPORT & Co LLC now owns 97,532 shares of the company’s stock worth $4,565,000 after purchasing an additional 5,017 shares during the last quarter. Fifth Third Securities Inc. increased its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 8.9% in the 4th quarter. Fifth Third Securities Inc. now owns 27,153 shares of the company’s stock worth $1,271,000 after buying an additional 2,230 shares during the last quarter. LexAurum Advisors LLC raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.2% during the 4th quarter. LexAurum Advisors LLC now owns 26,724 shares of the company’s stock valued at $1,251,000 after buying an additional 820 shares in the last quarter. Cornerstone Wealth Management LLC grew its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 32.4% in the fourth quarter. Cornerstone Wealth Management LLC now owns 28,359 shares of the company’s stock worth $1,327,000 after acquiring an additional 6,941 shares in the last quarter. Finally, Goldstein Advisors LLC raised its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.0% during the fourth quarter. Goldstein Advisors LLC now owns 228,895 shares of the company’s stock valued at $10,714,000 after purchasing an additional 8,838 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Performance

Shares of JPSE opened at $47.60 on Thursday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a fifty-two week low of $41.83 and a fifty-two week high of $52.04. The firm has a market cap of $523.60 million, a price-to-earnings ratio of 11.90 and a beta of 1.07. The firm has a 50 day moving average price of $48.21 and a 200-day moving average price of $47.70.

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.