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

Teamwork Financial Advisors LLC cut its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) by 82.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 57,904 shares of the company’s stock after selling 275,221 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF were worth $2,710,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JPSE. Sanctuary Advisors LLC purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at $423,000. Raymond James & Associates grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1,239.5% during the third quarter. Raymond James & Associates now owns 564,297 shares of the company’s stock valued at $27,103,000 after acquiring an additional 522,168 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 3.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 130,986 shares of the company’s stock valued at $5,711,000 after acquiring an additional 4,282 shares in the last quarter. Appleton Partners Inc. MA grew its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.5% during the third quarter. Appleton Partners Inc. MA now owns 177,701 shares of the company’s stock valued at $8,535,000 after acquiring an additional 842 shares in the last quarter. Finally, Nottingham Advisors Inc. purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at $530,000.

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

JPSE opened at $47.98 on Thursday. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a fifty-two week low of $41.63 and a fifty-two week high of $52.04. The stock has a market capitalization of $527.78 million, a price-to-earnings ratio of 11.90 and a beta of 1.07. The company has a fifty day moving average of $48.66 and a 200 day moving average of $47.55.

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