LWM Advisory Services LLC Lowers Position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

LWM Advisory Services LLC cut its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 51.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,691 shares of the company’s stock after selling 23,167 shares during the quarter. JPMorgan Diversified Return U.S. Small Cap Equity ETF makes up about 0.8% of LWM Advisory Services LLC’s investment portfolio, making the stock its 25th largest position. LWM Advisory Services LLC owned approximately 0.21% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $956,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Kestra Advisory Services LLC lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 19.9% in the third quarter. Kestra Advisory Services LLC now owns 9,440 shares of the company’s stock worth $371,000 after acquiring an additional 1,564 shares during the period. Schmidt P J Investment Management Inc. lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 12.3% in the fourth quarter. Schmidt P J Investment Management Inc. now owns 18,218 shares of the company’s stock worth $784,000 after acquiring an additional 1,992 shares during the period. Lincoln National Corp lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 16.4% in the third quarter. Lincoln National Corp now owns 21,619 shares of the company’s stock worth $849,000 after acquiring an additional 3,039 shares during the period. LexAurum Advisors LLC lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 8.6% during the fourth quarter. LexAurum Advisors LLC now owns 23,202 shares of the company’s stock valued at $1,022,000 after buying an additional 1,832 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 9.1% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 54,425 shares of the company’s stock valued at $2,138,000 after buying an additional 4,557 shares during the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance

Shares of JPSE stock traded up $0.27 during mid-day trading on Monday, hitting $43.63. 26,673 shares of the stock traded hands, compared to its average volume of 54,830. The stock has a market cap of $477.75 million, a P/E ratio of 11.47 and a beta of 1.07. The stock’s fifty day moving average is $43.65 and its two-hundred day moving average is $42.08. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52-week low of $36.69 and a 52-week high of $45.42.

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.