Sherman Wealth Management LLC Invests $1.26 Million in JPMorgan Diversified Return International Equity ETF $JPIN

Sherman Wealth Management LLC purchased a new stake in JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 18,515 shares of the company’s stock, valued at approximately $1,262,000. JPMorgan Diversified Return International Equity ETF makes up 1.1% of Sherman Wealth Management LLC’s holdings, making the stock its 24th largest position. Sherman Wealth Management LLC owned 0.34% of JPMorgan Diversified Return International Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the stock. UBS Group AG raised its holdings in JPMorgan Diversified Return International Equity ETF by 0.3% in the 3rd quarter. UBS Group AG now owns 478,316 shares of the company’s stock valued at $31,861,000 after acquiring an additional 1,236 shares in the last quarter. Sterneck Capital Management LLC increased its position in shares of JPMorgan Diversified Return International Equity ETF by 2.1% in the third quarter. Sterneck Capital Management LLC now owns 165,283 shares of the company’s stock worth $11,010,000 after purchasing an additional 3,444 shares during the period. Captrust Financial Advisors increased its position in shares of JPMorgan Diversified Return International Equity ETF by 1.8% in the third quarter. Captrust Financial Advisors now owns 160,729 shares of the company’s stock worth $10,706,000 after purchasing an additional 2,916 shares during the period. JPMorgan Chase & Co. raised its stake in JPMorgan Diversified Return International Equity ETF by 27.8% in the second quarter. JPMorgan Chase & Co. now owns 139,228 shares of the company’s stock valued at $8,929,000 after purchasing an additional 30,258 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in JPMorgan Diversified Return International Equity ETF by 4.2% in the third quarter. Raymond James Financial Inc. now owns 120,768 shares of the company’s stock valued at $8,044,000 after purchasing an additional 4,909 shares in the last quarter.

JPMorgan Diversified Return International Equity ETF Price Performance

JPIN opened at $69.08 on Monday. The stock has a market capitalization of $345.40 million, a price-to-earnings ratio of 12.60 and a beta of 0.73. JPMorgan Diversified Return International Equity ETF has a twelve month low of $51.73 and a twelve month high of $77.08. The company has a 50-day simple moving average of $72.77 and a 200 day simple moving average of $69.55.

About JPMorgan 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. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.