US Bancorp DE Decreases Stock Position in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

US Bancorp DE cut its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 18.6% in the first quarter, HoldingsChannel reports. The firm owned 1,175 shares of the company’s stock after selling 269 shares during the quarter. US Bancorp DE’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $51,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Keystone Financial Services LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth about $5,833,000. Capital Advisors Wealth Management LLC lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 17.2% during the 1st quarter. Capital Advisors Wealth Management LLC now owns 449,072 shares of the company’s stock worth $19,575,000 after buying an additional 65,809 shares during the last quarter. Bank of America Corp DE lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 13.2% during the 4th quarter. Bank of America Corp DE now owns 549,113 shares of the company’s stock worth $25,703,000 after buying an additional 64,067 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 60.5% during the 1st quarter. Kingsview Wealth Management LLC now owns 85,899 shares of the company’s stock worth $3,744,000 after buying an additional 32,383 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 5.0% during the 1st quarter. LPL Financial LLC now owns 645,954 shares of the company’s stock worth $28,157,000 after buying an additional 30,870 shares during the last quarter.

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

Shares of NYSEARCA JPSE opened at $47.88 on Wednesday. The company has a market capitalization of $495.56 million, a price-to-earnings ratio of 15.86 and a beta of 1.15. The business has a 50-day moving average of $46.21 and a two-hundred day moving average of $44.60. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1 year low of $37.66 and a 1 year high of $52.04.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

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.