ZEGA Investments LLC Invests $757,000 in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

ZEGA Investments LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) during the fourth quarter, HoldingsChannel reports. The fund purchased 15,797 shares of the company’s stock, valued at approximately $757,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at $65,305,000. Koss Olinger Consulting LLC lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.1% in the 4th quarter. Koss Olinger Consulting LLC now owns 1,237,906 shares of the company’s stock valued at $57,945,000 after acquiring an additional 26,014 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 58.6% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 383,263 shares of the company’s stock valued at $17,940,000 after acquiring an additional 141,637 shares in the last quarter. Goldstein Advisors LLC lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.0% in the 4th quarter. Goldstein Advisors LLC now owns 228,895 shares of the company’s stock valued at $10,714,000 after acquiring an additional 8,838 shares in the last quarter. Finally, Stifel Financial Corp lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 0.3% in the 3rd quarter. Stifel Financial Corp now owns 190,829 shares of the company’s stock valued at $9,166,000 after acquiring an additional 541 shares in the last quarter.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Down 1.0 %

JPSE opened at $43.69 on Friday. The stock has a market capitalization of $484.96 million, a P/E ratio of 15.81 and a beta of 1.16. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $41.87 and a 12 month high of $52.05. The firm’s fifty day simple moving average is $46.11 and its 200 day simple moving average is $47.48.

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.