Stifel Financial Corp Makes New Investment in JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS)

Stifel Financial Corp acquired a new stake in JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,680 shares of the company’s stock, valued at approximately $201,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Commonwealth Equity Services LLC lifted its stake in shares of JPMorgan Diversified Return US Equity ETF by 2.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 19,118 shares of the company’s stock worth $2,087,000 after acquiring an additional 375 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in JPMorgan Diversified Return US Equity ETF in the second quarter valued at about $227,000. Sterneck Capital Management LLC lifted its position in JPMorgan Diversified Return US Equity ETF by 3.5% in the third quarter. Sterneck Capital Management LLC now owns 81,810 shares of the company’s stock valued at $9,791,000 after purchasing an additional 2,772 shares during the period. Apollon Wealth Management LLC boosted its holdings 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 valued at $4,463,000 after purchasing an additional 977 shares in the last quarter. Finally, Nwam LLC acquired a new position in JPMorgan Diversified Return US Equity ETF during the 3rd quarter worth approximately $463,000.

JPMorgan Diversified Return US Equity ETF Stock Down 0.7 %

Shares of JPUS opened at $114.05 on Tuesday. The company has a market capitalization of $453.92 million, a PE ratio of 16.38 and a beta of 0.80. JPMorgan Diversified Return US Equity ETF has a 52-week low of $100.85 and a 52-week high of $124.10. The company has a 50-day simple moving average of $119.44 and a 200-day simple moving average of $116.32.

About JPMorgan Diversified Return US Equity ETF

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.