Wealth Enhancement Advisory Services LLC Lowers Stake in JPMorgan Diversified Return U.S. Equity ETF $JPUS

Wealth Enhancement Advisory Services LLC lessened its position in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) by 8.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 131,680 shares of the company’s stock after selling 12,041 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan Diversified Return U.S. Equity ETF were worth $16,281,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Jane Street Group LLC grew its stake in JPMorgan Diversified Return U.S. Equity ETF by 146.4% in the 1st quarter. Jane Street Group LLC now owns 12,283 shares of the company’s stock worth $1,415,000 after acquiring an additional 7,298 shares during the period. Independent Wealth Network Inc. lifted its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 1.0% during the 2nd quarter. Independent Wealth Network Inc. now owns 12,644 shares of the company’s stock worth $1,494,000 after purchasing an additional 120 shares during the period. Sterneck Capital Management LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.9% during the second quarter. Sterneck Capital Management LLC now owns 84,758 shares of the company’s stock worth $10,018,000 after purchasing an additional 3,162 shares during the last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF during the second quarter worth $105,000. Finally, Apollon Wealth Management LLC grew its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 4.1% in the second quarter. Apollon Wealth Management LLC now owns 46,957 shares of the company’s stock valued at $5,550,000 after purchasing an additional 1,865 shares during the period.

JPMorgan Diversified Return U.S. Equity ETF Trading Down 0.0%

JPMorgan Diversified Return U.S. Equity ETF stock opened at $129.11 on Friday. The stock has a fifty day moving average price of $125.28 and a 200 day moving average price of $123.03. JPMorgan Diversified Return U.S. Equity ETF has a 52 week low of $101.63 and a 52 week high of $129.74. The firm has a market capitalization of $400.24 million, a P/E ratio of 17.74 and a beta of 0.87.

JPMorgan Diversified Return U.S. Equity ETF Profile

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.