Northwestern Mutual Wealth Management Co. Has $10.40 Million Holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Northwestern Mutual Wealth Management Co. grew its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 7.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 207,636 shares of the company’s stock after purchasing an additional 14,994 shares during the period. Northwestern Mutual Wealth Management Co. owned about 2.05% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $10,397,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Lodestone Wealth Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $33,000. Private Wealth Management Group LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $63,000. Caldwell Trust Co acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $65,000. Horizon Investments LLC grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during 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, N.E.W. Advisory Services LLC grew its position 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 purchasing an additional 2,502 shares in the last quarter.

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

Shares of NYSEARCA:JPSE opened at $57.69 on Tuesday. The company’s 50 day moving average price is $55.78 and its two-hundred day moving average price is $53.49. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12-month low of $43.55 and a 12-month high of $58.71. The firm has a market cap of $585.55 million, a PE ratio of 15.86 and a beta of 1.01.

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