JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Hits New 52-Week High – Still a Buy?

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSEGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $60.30 and last traded at $60.17, with a volume of 31212 shares. The stock had previously closed at $59.95.

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

The business’s 50 day moving average price is $58.16 and its 200-day moving average price is $54.96. The company has a market cap of $592.82 million, a P/E ratio of 15.86 and a beta of 0.98.

Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF

A number of institutional investors have recently bought and sold shares of the business. Lodestone Wealth Management LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $33,000. Private Wealth Management Group LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $63,000. Horizon Investments LLC boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after purchasing an additional 804 shares during the period. Caldwell Trust Co acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth about $65,000. Finally, N.E.W. Advisory Services LLC grew its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock worth $143,000 after acquiring an additional 2,502 shares in the last quarter.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

(Get Free Report)

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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.

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