Northwestern Mutual Wealth Management Co. Purchases 26,569 Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF $JPSE

Northwestern Mutual Wealth Management Co. boosted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 16.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 190,340 shares of the company’s stock after acquiring an additional 26,569 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 1.84% of JPMorgan Diversified Return U.S. Small Cap Equity ETF worth $8,658,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Ameriflex Group Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 2nd quarter valued at about $43,000. Mendel Money Management boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 5.2% in the second quarter. Mendel Money Management now owns 9,961 shares of the company’s stock worth $453,000 after buying an additional 491 shares during the last quarter. J.W. Cole Advisors Inc. bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the second quarter valued at approximately $736,000. Kestra Advisory Services LLC increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 8.6% during the first quarter. Kestra Advisory Services LLC now owns 18,399 shares of the company’s stock valued at $802,000 after buying an additional 1,461 shares during the last quarter. Finally, Atria Wealth Solutions Inc. increased its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.9% during the first quarter. Atria Wealth Solutions Inc. now owns 22,400 shares of the company’s stock valued at $976,000 after buying an additional 1,052 shares during the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Down 0.6%

JPSE opened at $50.08 on Tuesday. The firm’s 50 day simple moving average is $49.66 and its two-hundred day simple moving average is $47.77. The company has a market capitalization of $509.81 million, a PE ratio of 15.86 and a beta of 1.04. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1-year low of $37.66 and a 1-year high of $51.61.

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.