JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Share Price Breaks Above 50-Day Moving Average – What’s Next?

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)’s stock price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $57.52 and traded as high as $57.69. JPMorgan Diversified Return U.S. Small Cap Equity ETF shares last traded at $57.63, with a volume of 13,012 shares trading hands.

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

The stock has a market cap of $576.30 million, a PE ratio of 15.67 and a beta of 1.01. The business has a 50 day moving average price of $57.52 and a two-hundred day moving average price of $57.06.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of JPSE. Lodestone Wealth Management LLC bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at $25,000. IFP Advisors Inc purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at $39,000. Global Retirement Partners LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at $52,000. Curry Webb Wealth Management LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth $112,000. Finally, Albion Financial Group UT bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth $141,000.

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.