Cornerstone Wealth Management LLC Acquires 6,941 Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Cornerstone Wealth Management LLC grew its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 32.4% in the 4th quarter, Holdings Channel reports. The fund owned 28,359 shares of the company’s stock after purchasing an additional 6,941 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $1,327,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Private Trust Co. NA grew its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 50.2% during the third quarter. Private Trust Co. NA now owns 1,263 shares of the company’s stock worth $61,000 after buying an additional 422 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter worth about $213,000. Sanctuary Advisors LLC acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at approximately $423,000. Pinnacle Associates Ltd. boosted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 26.5% during the third quarter. Pinnacle Associates Ltd. now owns 11,205 shares of the company’s stock valued at $494,000 after purchasing an additional 2,346 shares during the last quarter. Finally, Nottingham Advisors Inc. acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at approximately $530,000.

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

Shares of NYSEARCA JPSE opened at $47.95 on Friday. The stock has a 50 day moving average price of $48.64 and a 200 day moving average price of $47.56. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52 week low of $41.63 and a 52 week high of $52.04. The stock has a market capitalization of $527.45 million, a PE ratio of 11.90 and a beta of 1.07.

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