Financially in Tune LLC Invests $4.85 Million in JPMorgan Diversified Return U.S. Equity ETF $JPUS

Financially in Tune LLC acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 39,156 shares of the company’s stock, valued at approximately $4,853,000. JPMorgan Diversified Return U.S. Equity ETF accounts for 4.5% of Financially in Tune LLC’s investment portfolio, making the stock its 5th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Birchwood Financial Partners Inc. acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF in the 4th quarter worth about $190,000. NewEdge Advisors LLC boosted its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 74.1% in the fourth quarter. NewEdge Advisors LLC now owns 10,847 shares of the company’s stock worth $1,344,000 after acquiring an additional 4,615 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.7% in the fourth quarter. AQR Capital Management LLC now owns 12,676 shares of the company’s stock worth $1,571,000 after acquiring an additional 85 shares during the last quarter. Cetera Investment Advisers grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 3.8% in the fourth quarter. Cetera Investment Advisers now owns 3,409 shares of the company’s stock valued at $422,000 after purchasing an additional 126 shares during the period. Finally, Osaic Holdings Inc. increased its position in JPMorgan Diversified Return U.S. Equity ETF by 11.0% during the fourth quarter. Osaic Holdings Inc. now owns 30,541 shares of the company’s stock worth $3,786,000 after purchasing an additional 3,020 shares during the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Stock Up 0.2%

NYSEARCA:JPUS opened at $138.65 on Friday. The company has a market cap of $446.45 million, a P/E ratio of 17.74 and a beta of 0.81. The firm’s 50 day moving average is $136.62 and its two-hundred day moving average is $132.06. JPMorgan Diversified Return U.S. Equity ETF has a fifty-two week low of $116.05 and a fifty-two week high of $141.66.

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.