JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Shares Up 0.4% – What’s Next?

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) shot up 0.4% during mid-day trading on Friday . The stock traded as high as $140.78 and last traded at $140.68. 6,624 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 9,832 shares. The stock had previously closed at $140.11.

JPMorgan Diversified Return U.S. Equity ETF Stock Up 0.4%

The stock has a market cap of $450.18 million, a PE ratio of 17.74 and a beta of 0.80. The stock’s fifty day moving average price is $138.04 and its 200 day moving average price is $133.70.

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

A number of institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.7% in the fourth quarter. AQR Capital Management LLC now owns 12,676 shares of the company’s stock worth $1,571,000 after buying an additional 85 shares during the last quarter. Cetera Investment Advisers grew its position in JPMorgan Diversified Return U.S. Equity ETF by 3.8% during the fourth quarter. Cetera Investment Advisers now owns 3,409 shares of the company’s stock valued at $422,000 after buying an additional 126 shares during the period. Aptus Capital Advisors LLC increased its holdings in JPMorgan Diversified Return U.S. Equity ETF by 9.3% during the third quarter. Aptus Capital Advisors LLC now owns 1,631 shares of the company’s stock valued at $202,000 after buying an additional 139 shares during the last quarter. RHS Financial LLC increased its holdings in JPMorgan Diversified Return U.S. Equity ETF by 1.6% during the fourth quarter. RHS Financial LLC now owns 10,842 shares of the company’s stock valued at $1,344,000 after buying an additional 168 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in JPMorgan Diversified Return U.S. Equity ETF by 6.6% in the third quarter. Ameriprise Financial Inc. now owns 2,812 shares of the company’s stock worth $352,000 after acquiring an additional 174 shares during the period.

JPMorgan Diversified Return U.S. Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.