JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) is Planning Alternatives Ltd. ADV’s 4th Largest Position

Planning Alternatives Ltd. ADV grew its stake in shares of JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 526,199 shares of the company’s stock after acquiring an additional 9,326 shares during the quarter. JPMorgan Diversified Return US Equity ETF accounts for 9.2% of Planning Alternatives Ltd. ADV’s portfolio, making the stock its 4th largest position. Planning Alternatives Ltd. ADV owned about 0.13% of JPMorgan Diversified Return US Equity ETF worth $60,045,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Stifel Financial Corp acquired a new stake in shares of JPMorgan Diversified Return US Equity ETF during the third quarter worth $201,000. Integrated Wealth Concepts LLC acquired a new stake in shares of JPMorgan Diversified Return US Equity ETF during the third quarter worth $250,000. Nwam LLC acquired a new stake in shares of JPMorgan Diversified Return US Equity ETF during the third quarter worth $463,000. Geneos Wealth Management Inc. acquired a new stake in shares of JPMorgan Diversified Return US Equity ETF during the fourth quarter worth $47,000. Finally, Apollon Wealth Management LLC boosted its holdings in shares of JPMorgan Diversified Return US Equity ETF by 2.7% during the third quarter. Apollon Wealth Management LLC now owns 37,295 shares of the company’s stock worth $4,463,000 after purchasing an additional 977 shares during the last quarter.

JPMorgan Diversified Return US Equity ETF Stock Down 0.9 %

JPUS stock opened at $116.69 on Tuesday. JPMorgan Diversified Return US Equity ETF has a 52-week low of $105.53 and a 52-week high of $124.10. The stock’s fifty day simple moving average is $116.66 and its 200-day simple moving average is $118.13. The stock has a market capitalization of $441.09 million, a price-to-earnings ratio of 19.02 and a beta of 0.98.

JPMorgan Diversified Return US Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors.