Ipsen Advisor Group LLC Invests $4.84 Million in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE)

Ipsen Advisor Group LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 103,437 shares of the company’s stock, valued at approximately $4,842,000. JPMorgan Diversified Return U.S. Small Cap Equity ETF comprises approximately 4.1% of Ipsen Advisor Group LLC’s investment portfolio, making the stock its 7th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at about $65,305,000. Koss Olinger Consulting LLC grew its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.1% during the fourth quarter. Koss Olinger Consulting LLC now owns 1,237,906 shares of the company’s stock worth $57,945,000 after acquiring an additional 26,014 shares during the period. LPL Financial LLC raised its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 11.2% during the fourth quarter. LPL Financial LLC now owns 615,084 shares of the company’s stock valued at $28,791,000 after acquiring an additional 62,039 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 58.6% in the fourth 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 during the period. Finally, Goldstein Advisors LLC boosted 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 worth $10,714,000 after purchasing an additional 8,838 shares in the last quarter.

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

Shares of NYSEARCA JPSE opened at $44.45 on Wednesday. The stock has a market capitalization of $493.40 million, a price-to-earnings ratio of 15.33 and a beta of 1.16. The firm’s 50 day simple moving average is $46.04 and its 200-day simple moving average is $47.48. 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.

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

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be issued a $0.098 dividend. The ex-dividend date is Tuesday, March 25th.

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.