Truist Financial Corp Increases Stock Holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Truist Financial Corp lifted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 15.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 124,526 shares of the company’s stock after buying an additional 16,438 shares during the period. Truist Financial Corp owned about 1.23% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $6,236,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Lodestone Wealth Management LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth $33,000. Private Wealth Management Group LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth $63,000. Caldwell Trust Co bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth $65,000. Horizon Investments LLC lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the fourth quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after acquiring an additional 804 shares during the period. Finally, N.E.W. Advisory Services LLC lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the fourth quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock worth $143,000 after acquiring an additional 2,502 shares during the period.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.8%

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $58.23 on Friday. The business’s fifty day simple moving average is $54.35 and its 200 day simple moving average is $52.57. The firm has a market capitalization of $591.03 million, a P/E ratio of 15.86 and a beta of 1.01. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $42.93 and a 12 month high of $58.64.

JPMorgan Diversified Return U.S. Small Cap Equity ETF 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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.