Diversified Return International Equity ETF (NYSEARCA:JPIN) Trading Up 0.6% – Should You Buy?

Diversified Return International Equity ETF (NYSEARCA:JPIN)’s stock price was up 0.6% during trading on Monday . The stock traded as high as $54.58 and last traded at $54.51. Approximately 17,754 shares traded hands during trading, a decline of 14% from the average daily volume of 20,742 shares. The stock had previously closed at $54.21.

Diversified Return International Equity ETF Stock Performance

The stock’s fifty day simple moving average is $56.54 and its two-hundred day simple moving average is $57.20. The stock has a market capitalization of $359.77 million, a P/E ratio of 10.92 and a beta of 0.73.

Institutional Investors Weigh In On Diversified Return International Equity ETF

A hedge fund recently bought a new stake in Diversified Return International Equity ETF stock. 3Chopt Investment Partners LLC acquired a new position in Diversified Return International Equity ETF (NYSEARCA:JPIN) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 4,094 shares of the company’s stock, valued at approximately $226,000. 3Chopt Investment Partners LLC owned 0.06% of Diversified Return International Equity ETF at the end of the most recent reporting period.

Diversified Return International Equity ETF Company Profile

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.