JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Large Volume Increase – Time to Buy?

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw unusually-high trading volume on Wednesday . Approximately 54,834 shares traded hands during mid-day trading, an increase of 97% from the previous session’s volume of 27,791 shares.The stock last traded at $59.45 and had previously closed at $59.10.

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

The company has a market cap of $601.08 million, a price-to-earnings ratio of 15.86 and a beta of 0.99. The stock has a 50-day moving average price of $57.36 and a 200 day moving average price of $54.34.

Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF

Hedge funds have recently bought and sold shares of the stock. Lodestone Wealth Management LLC bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at approximately $33,000. Private Wealth Management Group LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth $63,000. Caldwell Trust Co acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter worth $65,000. Horizon Investments LLC raised its holdings in shares of 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 position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% in the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after acquiring an additional 2,502 shares in the last quarter.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

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.