Etesian Wealth Advisors Inc. Sells 7,763 Shares of JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS)

Etesian Wealth Advisors Inc. reduced its holdings in shares of JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) by 47.4% in the third quarter, Holdings Channel reports. The institutional investor owned 8,617 shares of the company’s stock after selling 7,763 shares during the period. Etesian Wealth Advisors Inc.’s holdings in JPMorgan Diversified Return US Equity ETF were worth $1,031,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. bought a new position in shares of JPMorgan Diversified Return US Equity ETF during the second quarter worth $227,000. Albion Financial Group UT bought a new stake in shares of JPMorgan Diversified Return US Equity ETF in the 2nd quarter worth about $349,000. Private Advisor Group LLC lifted its holdings in shares of JPMorgan Diversified Return US Equity ETF by 10.4% in the 1st quarter. Private Advisor Group LLC now owns 6,533 shares of the company’s stock worth $732,000 after acquiring an additional 616 shares during the last quarter. RHS Financial LLC increased its stake in JPMorgan Diversified Return US Equity ETF by 6.5% in the 1st quarter. RHS Financial LLC now owns 18,353 shares of the company’s stock worth $2,056,000 after buying an additional 1,128 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in JPMorgan Diversified Return US Equity ETF by 2.0% in the 2nd quarter. Commonwealth Equity Services LLC now owns 19,118 shares of the company’s stock worth $2,087,000 after buying an additional 375 shares during the period.

JPMorgan Diversified Return US Equity ETF Price Performance

NYSEARCA JPUS traded up $0.19 during trading on Friday, reaching $121.04. 2,424 shares of the company’s stock traded hands, compared to its average volume of 8,747. The firm has a market cap of $481.74 million, a price-to-earnings ratio of 16.38 and a beta of 0.80. The company’s 50 day simple moving average is $117.52 and its two-hundred day simple moving average is $112.54. JPMorgan Diversified Return US Equity ETF has a 12-month low of $89.59 and a 12-month high of $121.36.

JPMorgan Diversified Return US 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.