JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Stock Price Up 0.1% – Here’s Why

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN)’s stock price rose 0.1% during mid-day trading on Tuesday . The stock traded as high as $73.81 and last traded at $73.12. Approximately 9,042 shares changed hands during trading, a decline of 50% from the average daily volume of 18,247 shares. The stock had previously closed at $73.08.

JPMorgan Diversified Return International Equity ETF Price Performance

The firm has a 50-day moving average of $73.73 and a 200-day moving average of $71.90. The stock has a market cap of $358.29 million, a PE ratio of 12.60 and a beta of 0.67.

Institutional Trading of JPMorgan Diversified Return International Equity ETF

Several institutional investors have recently made changes to their positions in the business. TBH Global Asset Management LLC purchased a new position in JPMorgan Diversified Return International Equity ETF during the 4th quarter valued at approximately $6,733,000. Sherman Wealth Management LLC purchased a new position in JPMorgan Diversified Return International Equity ETF during the 4th quarter valued at approximately $1,180,000. Vawter Financial Ltd. purchased a new position in JPMorgan Diversified Return International Equity ETF during the 3rd quarter valued at approximately $487,000. 5T Wealth LLC grew its holdings in JPMorgan Diversified Return International Equity ETF by 5.3% during the 4th quarter. 5T Wealth LLC now owns 34,489 shares of the company’s stock valued at $2,350,000 after buying an additional 1,744 shares in the last quarter. Finally, Independent Wealth Network Inc. grew its holdings in JPMorgan Diversified Return International Equity ETF by 9.4% during the 4th quarter. Independent Wealth Network Inc. now owns 11,767 shares of the company’s stock valued at $802,000 after buying an additional 1,010 shares in the last quarter.

JPMorgan Diversified Return International Equity ETF Company Profile

The JPMorgan Diversified Return International Equity ETF (JPIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed ex-North America securities that are selected based on value, momentum, and quality factors, then weighted by the inverse of historical volatility on a sector and regional level. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.