Ipsen Advisor Group LLC Buys New Position in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Ipsen Advisor Group LLC purchased a new position in shares of 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 institutional investor purchased 112,506 shares of the company’s stock, valued at approximately $6,336,000. JPMorgan Diversified Return U.S. Small Cap Equity ETF comprises approximately 4.3% of Ipsen Advisor Group LLC’s portfolio, making the stock its 4th largest position. Ipsen Advisor Group LLC owned about 1.13% of JPMorgan Diversified Return U.S. Small Cap Equity ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JPSE. Lodestone Wealth Management LLC acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth about $25,000. IFP Advisors Inc bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth about $39,000. Curry Webb Wealth Management LLC acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at about $112,000. Albion Financial Group UT bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at approximately $141,000. Finally, Farther Finance Advisors LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at approximately $167,000.

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

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $57.51 on Friday. The firm has a market cap of $575.10 million, a P/E ratio of 15.86 and a beta of 1.00. The firm has a 50 day simple moving average of $57.90 and a 200 day simple moving average of $56.91. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a fifty-two week low of $47.44 and a fifty-two week high of $61.27.

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.