Financial Advocates Investment Management Increases Holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Financial Advocates Investment Management lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 1.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 154,909 shares of the company’s stock after buying an additional 1,737 shares during the period. Financial Advocates Investment Management owned about 1.41% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $7,440,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Albion Financial Group UT purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 2nd quarter worth approximately $131,000. Wealth Enhancement Advisory Services LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth approximately $213,000. Mendel Money Management grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 204.1% in the 1st quarter. Mendel Money Management now owns 10,035 shares of the company’s stock worth $454,000 after buying an additional 19,675 shares during the last quarter. Pinnacle Associates Ltd. grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 26.5% in the 3rd quarter. Pinnacle Associates Ltd. now owns 11,205 shares of the company’s stock worth $494,000 after buying an additional 2,346 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 21.3% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 11,562 shares of the company’s stock worth $504,000 after buying an additional 2,027 shares during the last quarter.

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

Shares of JPSE stock opened at $47.45 on Thursday. The firm has a market cap of $521.95 million, a P/E ratio of 11.90 and a beta of 1.07. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a fifty-two week low of $37.00 and a fifty-two week high of $49.10. The business’s 50 day moving average price is $47.23 and its 200-day moving average price is $45.48.

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.