JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) Trading Up 0.6% – Here’s Why

by · The Cerbat Gem

JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN – Get Free Report) shares were up 0.6% on Monday . The stock traded as high as $73.67 and last traded at $73.67. Approximately 9,346 shares were traded during trading, a decline of 53% from the average daily volume of 19,958 shares. The stock had previously closed at $73.21.

JPMorgan Diversified Return International Equity ETF Trading Up 1.2%

The company has a market cap of $363.38 million, a price-to-earnings ratio of 12.60 and a beta of 0.67. The stock’s fifty day simple moving average is $72.73 and its 200 day simple moving average is $71.23.

Institutional Trading of JPMorgan Diversified Return International Equity ETF

A number of hedge funds have recently bought and sold shares of the business. Quantinno Capital Management LP raised its holdings in JPMorgan Diversified Return International Equity ETF by 45.5% in the 1st quarter. Quantinno Capital Management LP now owns 17,350 shares of the company’s stock valued at $1,236,000 after acquiring an additional 5,427 shares during the last quarter. Fifth Third Bancorp acquired a new stake in JPMorgan Diversified Return International Equity ETF in the 1st quarter valued at about $399,000. Sterneck Capital Management LLC raised its holdings in JPMorgan Diversified Return International Equity ETF by 1.9% in the 1st quarter. Sterneck Capital Management LLC now owns 172,204 shares of the company’s stock valued at $12,268,000 after acquiring an additional 3,148 shares during the last quarter. Financially in Tune LLC acquired a new stake in JPMorgan Diversified Return International Equity ETF in the 4th quarter valued at about $1,254,000. Finally, Mercer Global Advisors Inc. ADV raised its holdings in JPMorgan Diversified Return International Equity ETF by 1.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 15,923 shares of the company’s stock valued at $1,085,000 after acquiring an additional 165 shares during the last quarter.

About JPMorgan Diversified Return International Equity ETF

(Get Free Report)

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.

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