JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sets New 1-Year High – Still a Buy?

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $55.55 and last traded at $55.55, with a volume of 201 shares trading hands. The stock had previously closed at $54.90.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.4%

The company has a fifty day moving average of $53.59 and a 200-day moving average of $51.77. The stock has a market cap of $563.53 million, a PE ratio of 15.86 and a beta of 1.00.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several large investors have recently bought and sold shares of the stock. LWM Advisory Services LLC increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.9% during the 3rd quarter. LWM Advisory Services LLC now owns 22,606 shares of the company’s stock worth $1,126,000 after purchasing an additional 634 shares during the period. KWB Wealth increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.4% during the 4th quarter. KWB Wealth now owns 27,329 shares of the company’s stock worth $1,368,000 after purchasing an additional 647 shares during the period. Lodestone Wealth Management LLC purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth about $33,000. Commonwealth Equity Services LLC increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.7% during the 4th quarter. Commonwealth Equity Services LLC now owns 42,718 shares of the company’s stock worth $2,139,000 after purchasing an additional 696 shares during the period. Finally, Ipsen Advisor Group LLC increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.6% during the 4th quarter. Ipsen Advisor Group LLC now owns 113,028 shares of the company’s stock worth $5,660,000 after purchasing an additional 725 shares during the period.

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.