Apollon Wealth Management LLC Increases Stock Holdings in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS)

Apollon Wealth Management LLC raised its stake in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) by 12.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 45,092 shares of the company’s stock after purchasing an additional 5,166 shares during the quarter. Apollon Wealth Management LLC owned 1.33% of JPMorgan Diversified Return U.S. Equity ETF worth $5,195,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of JPUS. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the 4th quarter valued at approximately $6,661,000. HighTower Advisors LLC lifted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 2.8% in the 4th quarter. HighTower Advisors LLC now owns 3,548 shares of the company’s stock valued at $405,000 after buying an additional 97 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.6% in the 4th quarter. JPMorgan Chase & Co. now owns 55,523 shares of the company’s stock valued at $6,336,000 after buying an additional 342 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 307.7% in the 4th quarter. NewEdge Advisors LLC now owns 8,803 shares of the company’s stock valued at $1,004,000 after buying an additional 6,644 shares during the period. Finally, Susquehanna International Group LLP lifted its holdings in shares of JPMorgan Diversified Return U.S. Equity ETF by 35.8% in the 4th quarter. Susquehanna International Group LLP now owns 15,002 shares of the company’s stock valued at $1,712,000 after buying an additional 3,953 shares during the period.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

JPUS opened at $119.69 on Tuesday. The business has a 50 day simple moving average of $116.78 and a 200-day simple moving average of $115.22. The stock has a market capitalization of $374.03 million, a P/E ratio of 17.74 and a beta of 0.96. JPMorgan Diversified Return U.S. Equity ETF has a 12 month low of $101.63 and a 12 month high of $124.10.

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.