JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Sees Large Volume Increase – Time to Buy?

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) shares saw strong trading volume on Wednesday . 54,834 shares traded hands during mid-day trading, an increase of 97% from the previous session’s volume of 27,791 shares.The stock last traded at $59.45 and had previously closed at $59.10.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 0.4%

The stock has a market cap of $602.40 million, a price-to-earnings ratio of 15.86 and a beta of 0.99. The stock has a fifty day simple moving average of $57.13 and a 200-day simple moving average of $54.22.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Hedge funds have recently made changes to their positions in the stock. Lodestone Wealth Management LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $33,000. Private Wealth Management Group LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $63,000. Horizon Investments LLC lifted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the fourth quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock valued at $65,000 after buying an additional 804 shares during the period. Caldwell Trust Co bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $65,000. Finally, N.E.W. Advisory Services LLC lifted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% in the fourth quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after buying an additional 2,502 shares during the period.

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. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.