Clear Point Advisors Inc. Sells 457 Shares of JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS)

Clear Point Advisors Inc. cut its stake in JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) by 4.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,560 shares of the company’s stock after selling 457 shares during the quarter. JPMorgan Diversified Return US Equity ETF comprises about 0.9% of Clear Point Advisors Inc.’s holdings, making the stock its 29th largest position. Clear Point Advisors Inc. owned 0.24% of JPMorgan Diversified Return US Equity ETF worth $1,044,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisory Services Network LLC bought a new stake in shares of JPMorgan Diversified Return US Equity ETF during the fourth quarter valued at about $186,000. Focus Financial Network Inc. ADV bought a new stake in JPMorgan Diversified Return US Equity ETF during the 4th quarter worth approximately $253,000. Albion Financial Group UT purchased a new stake in JPMorgan Diversified Return US Equity ETF in the 2nd quarter worth approximately $349,000. Private Advisor Group LLC lifted its stake in JPMorgan Diversified Return US Equity ETF by 10.4% in the 1st quarter. Private Advisor Group LLC now owns 6,533 shares of the company’s stock worth $732,000 after purchasing an additional 616 shares in the last quarter. Finally, RHS Financial LLC boosted its holdings in JPMorgan Diversified Return US Equity ETF by 6.5% in the 1st quarter. RHS Financial LLC now owns 18,353 shares of the company’s stock valued at $2,056,000 after purchasing an additional 1,128 shares during the period.

JPMorgan Diversified Return US Equity ETF Stock Performance

JPMorgan Diversified Return US Equity ETF stock opened at $119.12 on Wednesday. JPMorgan Diversified Return US Equity ETF has a fifty-two week low of $89.59 and a fifty-two week high of $119.68. The stock has a market cap of $474.10 million, a P/E ratio of 16.38 and a beta of 0.80. The firm’s fifty day moving average price is $114.97 and its 200-day moving average price is $111.37.

JPMorgan Diversified Return US 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.