Financial Advocates Investment Management Sells 14,655 Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Financial Advocates Investment Management reduced its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 9.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 140,254 shares of the company’s stock after selling 14,655 shares during the period. Financial Advocates Investment Management owned approximately 1.28% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $6,565,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter worth about $423,000. JPMorgan Chase & Co. lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 10.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 17,580 shares of the company’s stock worth $844,000 after buying an additional 1,602 shares during the last quarter. Raymond James & Associates boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1,239.5% in the third quarter. Raymond James & Associates now owns 564,297 shares of the company’s stock worth $27,103,000 after buying an additional 522,168 shares in the last quarter. Teamwork Financial Advisors LLC raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 13.9% during the third quarter. Teamwork Financial Advisors LLC now owns 333,125 shares of the company’s stock worth $16,000,000 after acquiring an additional 40,754 shares in the last quarter. Finally, Nottingham Advisors Inc. purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth $530,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Up 1.0 %

JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $47.60 on Thursday. The firm has a fifty day simple moving average of $48.21 and a two-hundred day simple moving average of $47.70. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a twelve month low of $41.83 and a twelve month high of $52.04. The company has a market capitalization of $523.60 million, a PE ratio of 11.90 and a beta of 1.07.

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

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.