Truist Financial Corp Boosts Stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Truist Financial Corp raised its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 15.2% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 124,526 shares of the company’s stock after acquiring an additional 16,438 shares during the period. Truist Financial Corp’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $6,236,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LWM Advisory Services LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.9% in the 3rd quarter. LWM Advisory Services LLC now owns 22,606 shares of the company’s stock worth $1,126,000 after purchasing an additional 634 shares in the last quarter. KWB Wealth boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.4% in the 4th quarter. KWB Wealth now owns 27,329 shares of the company’s stock worth $1,368,000 after purchasing an additional 647 shares in the last quarter. Lodestone Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth about $33,000. Horizon Investments LLC boosted its holdings in shares of 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 in the last quarter. Finally, Tocqueville Asset Management L.P. boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.5% in the 3rd quarter. Tocqueville Asset Management L.P. now owns 156,919 shares of the company’s stock worth $7,816,000 after purchasing an additional 851 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.8%

JPSE opened at $58.23 on Friday. The stock has a 50-day moving average price of $54.35 and a 200-day moving average price of $52.57. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12-month low of $42.93 and a 12-month high of $58.64. The stock has a market capitalization of $591.03 million, a P/E ratio of 15.86 and a beta of 1.01.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company 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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.