HighTower Advisors LLC Lowers Position in JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS)

HighTower Advisors LLC decreased its holdings in shares of JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) by 16.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,451 shares of the company’s stock after selling 675 shares during the quarter. HighTower Advisors LLC owned 0.09% of JPMorgan Diversified Return US Equity ETF worth $413,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Nwam LLC bought a new position in JPMorgan Diversified Return US Equity ETF in the third quarter valued at $463,000. Sterneck Capital Management LLC raised its holdings in shares of JPMorgan Diversified Return US Equity ETF by 3.7% during the 2nd quarter. Sterneck Capital Management LLC now owns 79,038 shares of the company’s stock valued at $8,630,000 after buying an additional 2,785 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new position in shares of JPMorgan Diversified Return US Equity ETF during the 2nd quarter valued at about $227,000. Apollon Wealth Management LLC lifted its position in JPMorgan Diversified Return US Equity ETF by 2.7% in the 3rd 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 last quarter. Finally, CreativeOne Wealth LLC boosted its stake in JPMorgan Diversified Return US Equity ETF by 10.4% in the third quarter. CreativeOne Wealth LLC now owns 4,573 shares of the company’s stock worth $547,000 after buying an additional 432 shares in the last quarter.

JPMorgan Diversified Return US Equity ETF Stock Performance

JPUS stock opened at $115.29 on Friday. The company has a market capitalization of $458.85 million, a PE ratio of 16.38 and a beta of 0.80. JPMorgan Diversified Return US Equity ETF has a one year low of $100.85 and a one year high of $124.10. The company’s 50 day moving average price is $120.10 and its two-hundred day moving average price is $116.02.

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.