Hartford Financial Management Inc. Makes New Investment in JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Hartford Financial Management Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 324,968 shares of the company’s stock, valued at approximately $18,302,000. JPMorgan Diversified Return U.S. Small Cap Equity ETF comprises approximately 4.1% of Hartford Financial Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Hartford Financial Management Inc. owned 3.25% of JPMorgan Diversified Return U.S. Small Cap Equity ETF at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. First Pacific Financial raised its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.4% during the first quarter. First Pacific Financial now owns 71,943 shares of the company’s stock valued at $3,772,000 after buying an additional 286 shares during the last quarter. Kestra Private Wealth Services LLC increased its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 6.0% during the first quarter. Kestra Private Wealth Services LLC now owns 6,396 shares of the company’s stock valued at $335,000 after acquiring an additional 362 shares during the period. Lodestone Wealth Management LLC bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at about $25,000. KWB Wealth increased its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.8% during the second quarter. KWB Wealth now owns 27,808 shares of the company’s stock valued at $1,673,000 after acquiring an additional 479 shares during the period. Finally, IFP Advisors Inc acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $39,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Down 0.1%

JPMorgan Diversified Return U.S. Small Cap Equity ETF stock opened at $56.99 on Thursday. The business has a 50 day moving average price of $58.31 and a two-hundred day moving average price of $58.26. The stock has a market cap of $569.90 million, a price-to-earnings ratio of 15.86 and a beta of 1.00. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $47.44 and a 12 month high of $61.27.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Profile

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.