RVW Wealth LLC Makes New Investment in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

RVW Wealth LLC bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the third quarter, according to its most recent 13F filing with the SEC. The fund bought 63,356 shares of the company’s stock, valued at approximately $3,568,000. RVW Wealth LLC owned about 0.63% of JPMorgan Diversified Return U.S. Small Cap Equity ETF as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% in the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock valued at $32,028,000 after purchasing an additional 25,608 shares during the last quarter. McLaughlin Asset Management Inc. purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at $610,000. Modern Wealth Management LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter worth $1,093,000. Sprinkle Financial Consultants LLC boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 16.7% during the first quarter. Sprinkle Financial Consultants LLC now owns 174,823 shares of the company’s stock worth $9,166,000 after buying an additional 24,956 shares during the period. Finally, Independent Financial Group LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the first quarter worth $678,000.

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

JPSE stock traded up $0.04 during mid-day trading on Tuesday, reaching $57.48. 15,614 shares of the stock traded hands, compared to its average volume of 24,963. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a one year low of $47.44 and a one year high of $61.27. The stock has a market capitalization of $574.80 million, a PE ratio of 15.86 and a beta of 1.00. The business has a 50-day moving average price of $59.07 and a two-hundred day moving average price of $57.85.

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.