HighTower Advisors LLC Trims Stock Position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

HighTower Advisors LLC cut its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 16.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,296 shares of the company’s stock after selling 1,023 shares during the quarter. HighTower Advisors LLC’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $255,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Private Trust Co. NA lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 50.2% during the third quarter. Private Trust Co. NA now owns 1,263 shares of the company’s stock worth $61,000 after purchasing an additional 422 shares in the last quarter. Family Capital Management Inc. grew its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.5% during the third quarter. Family Capital Management Inc. now owns 42,084 shares of the company’s stock valued at $2,021,000 after purchasing an additional 1,030 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 5.9% during the third quarter. Kingsview Wealth Management LLC now owns 52,973 shares of the company’s stock valued at $2,544,000 after acquiring an additional 2,938 shares during the period. Oak Harbor Wealth Partners LLC increased its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 8.7% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 22,854 shares of the company’s stock valued at $1,098,000 after acquiring an additional 1,833 shares during the period. Finally, Financial Advocates Investment Management increased its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.1% during the third quarter. Financial Advocates Investment Management now owns 154,909 shares of the company’s stock valued at $7,440,000 after acquiring an additional 1,737 shares during the period.

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

NYSEARCA JPSE opened at $47.37 on Wednesday. The company has a market capitalization of $521.07 million, a P/E ratio of 11.90 and a beta of 1.07. The company’s 50 day simple moving average is $49.30 and its 200 day simple moving average is $47.02. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $41.56 and a 12 month high of $52.04.

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.