Wealth Enhancement Trust Services Inc. Invests $770,000 in JPMorgan Diversified Return U.S. Equity ETF $JPUS

Wealth Enhancement Trust Services Inc. acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) during the 4th quarter, Holdings Channel reports. The fund acquired 6,209 shares of the company’s stock, valued at approximately $770,000.

Several other hedge funds have also made changes to their positions in JPUS. Horizon Investments LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF during the third quarter worth $37,000. Harbor Asset Planning Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter worth $49,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 112.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock worth $112,000 after purchasing an additional 502 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF during the third quarter worth $115,000. Finally, Aptus Capital Advisors LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 9.3% during the third quarter. Aptus Capital Advisors LLC now owns 1,631 shares of the company’s stock worth $202,000 after purchasing an additional 139 shares during the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

JPUS stock opened at $136.75 on Monday. JPMorgan Diversified Return U.S. Equity ETF has a 52-week low of $106.48 and a 52-week high of $137.48. The stock’s fifty day simple moving average is $133.18 and its 200-day simple moving average is $127.90. The stock has a market capitalization of $440.34 million, a price-to-earnings ratio of 17.74 and a beta of 0.84.

About JPMorgan Diversified Return U.S. Equity ETF

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.