JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Trading 0.1% Higher – Here’s What Happened

Shares of JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) traded up 0.1% during trading on Monday . The stock traded as high as $75.13 and last traded at $75.11. Approximately 3,105 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 16,095 shares. The stock had previously closed at $75.07.

JPMorgan Diversified Return International Equity ETF Price Performance

The stock has a market cap of $372.11 million, a P/E ratio of 12.60 and a beta of 0.67. The stock’s 50-day moving average is $73.75 and its two-hundred day moving average is $73.31.

Institutional Trading of JPMorgan Diversified Return International Equity ETF

Several hedge funds have recently bought and sold shares of JPIN. UBS Group AG grew its position in shares of JPMorgan Diversified Return International Equity ETF by 0.3% during the third quarter. UBS Group AG now owns 478,316 shares of the company’s stock valued at $31,861,000 after purchasing an additional 1,236 shares in the last quarter. Royal Bank of Canada lifted its position in shares of JPMorgan Diversified Return International Equity ETF by 102.0% in the fourth quarter. Royal Bank of Canada now owns 178,135 shares of the company’s stock worth $12,138,000 after buying an additional 89,957 shares in the last quarter. Sterneck Capital Management LLC boosted its stake in JPMorgan Diversified Return International Equity ETF by 1.9% during the first quarter. Sterneck Capital Management LLC now owns 172,204 shares of the company’s stock valued at $12,268,000 after buying an additional 3,148 shares during the last quarter. Captrust Financial Advisors boosted its stake in JPMorgan Diversified Return International Equity ETF by 1.4% during the fourth quarter. Captrust Financial Advisors now owns 163,054 shares of the company’s stock valued at $11,111,000 after buying an additional 2,325 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in JPMorgan Diversified Return International Equity ETF by 2.6% during the 4th quarter. LPL Financial LLC now owns 145,624 shares of the company’s stock valued at $9,923,000 after buying an additional 3,701 shares in the last quarter.

About JPMorgan Diversified Return International Equity ETF

The JPMorgan Diversified Return International Equity ETF (JPIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of developed ex-North America securities that are selected based on value, momentum, and quality factors, then weighted by the inverse of historical volatility on a sector and regional level. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.