JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) Stake Lowered by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its stake in JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,181 shares of the company’s stock after selling 1,691 shares during the period. JPMorgan Chase & Co. owned 1.39% of JPMorgan Diversified Return US Equity ETF worth $6,604,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CreativeOne Wealth LLC boosted its stake in JPMorgan Diversified Return US Equity ETF by 10.4% during the 3rd quarter. CreativeOne Wealth LLC now owns 4,573 shares of the company’s stock valued at $547,000 after purchasing an additional 432 shares during the period. Apollon Wealth Management LLC boosted its position in shares of JPMorgan Diversified Return US Equity ETF by 2.7% during the third quarter. Apollon Wealth Management LLC now owns 37,295 shares of the company’s stock worth $4,463,000 after buying an additional 977 shares during the period. Stifel Financial Corp acquired a new position in shares of JPMorgan Diversified Return US Equity ETF during the third quarter worth approximately $201,000. B. Riley Wealth Advisors Inc. bought a new position in JPMorgan Diversified Return US Equity ETF in the 2nd quarter worth approximately $227,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in JPMorgan Diversified Return US Equity ETF in the 3rd quarter valued at approximately $250,000.

JPMorgan Diversified Return US Equity ETF Price Performance

Shares of JPMorgan Diversified Return US Equity ETF stock opened at $116.05 on Thursday. JPMorgan Diversified Return US Equity ETF has a 1-year low of $100.85 and a 1-year high of $124.10. The company has a market capitalization of $461.88 million, a P/E ratio of 16.38 and a beta of 0.80. The business’s fifty day moving average price is $118.57 and its two-hundred day moving average price is $116.68.

JPMorgan Diversified Return US Equity ETF 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.