Kingsview Wealth Management LLC Trims Stock Holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Kingsview Wealth Management LLC decreased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 16.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 69,603 shares of the company’s stock after selling 13,752 shares during the period. Kingsview Wealth Management LLC’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $3,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Bank of America Corp DE raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.0% during the 3rd quarter. Bank of America Corp DE now owns 577,634 shares of the company’s stock valued at $28,772,000 after buying an additional 5,722 shares during the last quarter. Hartford Financial Management Inc. raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.9% during the 4th quarter. Hartford Financial Management Inc. now owns 333,388 shares of the company’s stock valued at $16,694,000 after buying an additional 12,394 shares during the last quarter. Aprio Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at about $15,540,000. Envestnet Asset Management Inc. raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 61.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 196,437 shares of the company’s stock valued at $9,785,000 after buying an additional 74,870 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.2% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 193,075 shares of the company’s stock valued at $9,617,000 after buying an additional 4,113 shares during the last quarter.

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

NYSEARCA JPSE opened at $57.69 on Friday. The stock has a 50-day simple moving average of $55.67 and a two-hundred day simple moving average of $53.41. The firm has a market capitalization of $585.55 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 fifty-two week low of $43.55 and a fifty-two week high of $58.71.

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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.