Cornerstone Wealth Management LLC Sells 1,265 Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Cornerstone Wealth Management LLC reduced its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 4.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,094 shares of the company’s stock after selling 1,265 shares during the quarter. Cornerstone Wealth Management LLC owned 0.27% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $1,181,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Everhart Financial Group Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter valued at about $201,000. Two Sigma Investments LP purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $229,000. Mariner LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $252,000. Sagespring Wealth Partners LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $261,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 44.3% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 6,391 shares of the company’s stock valued at $279,000 after purchasing an additional 1,961 shares during the last quarter.

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

JPSE opened at $44.68 on Thursday. The business’s 50-day moving average is $43.14 and its two-hundred day moving average is $45.13. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1 year low of $37.66 and a 1 year high of $52.05. The firm has a market capitalization of $464.67 million, a PE ratio of 15.29 and a beta of 1.04.

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.