JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Shares Acquired by Mendel Money Management

Mendel Money Management lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 9.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,738 shares of the company’s stock after purchasing an additional 725 shares during the quarter. Mendel Money Management owned 0.08% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $409,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of JPSE. Raymond James Financial Inc. bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth about $65,305,000. Capital Advisors Wealth Management LLC raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 58.6% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 383,263 shares of the company’s stock valued at $17,940,000 after acquiring an additional 141,637 shares during the period. Ipsen Advisor Group LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at approximately $4,842,000. LPL Financial LLC grew its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 11.2% during the 4th quarter. LPL Financial LLC now owns 615,084 shares of the company’s stock worth $28,791,000 after acquiring an additional 62,039 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 63.8% in the fourth quarter. Jones Financial Companies Lllp now owns 70,948 shares of the company’s stock valued at $3,321,000 after purchasing an additional 27,622 shares in the last quarter.

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

Shares of NYSEARCA:JPSE opened at $44.45 on Wednesday. The company has a market capitalization of $493.40 million, a P/E ratio of 15.33 and a beta of 1.16. The company has a 50-day simple moving average of $46.04 and a 200 day simple moving average of $47.48. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52-week low of $41.87 and a 52-week high of $52.05.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be issued a dividend of $0.098 per share. The ex-dividend date is Tuesday, March 25th.

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.