Concurrent Investment Advisors LLC Acquires Shares of 21,953 JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS)

Concurrent Investment Advisors LLC acquired a new stake in JPMorgan Diversified Return US Equity ETF (NYSEARCA:JPUS) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 21,953 shares of the company’s stock, valued at approximately $2,505,000.

A number of other hedge funds have also recently bought and sold shares of JPUS. Geneos Wealth Management Inc. bought a new position in shares of JPMorgan Diversified Return US Equity ETF in the 4th quarter worth $47,000. Stifel Financial Corp bought a new position in shares of JPMorgan Diversified Return US Equity ETF in the 3rd quarter worth $201,000. Integrated Wealth Concepts LLC bought a new position in shares of JPMorgan Diversified Return US Equity ETF in the 3rd quarter worth $250,000. Nwam LLC bought a new position in shares of JPMorgan Diversified Return US Equity ETF in the 3rd quarter worth $463,000. Finally, CreativeOne Wealth LLC boosted its position in shares of JPMorgan Diversified Return US Equity ETF by 10.4% in the 3rd quarter. CreativeOne Wealth LLC now owns 4,573 shares of the company’s stock worth $547,000 after purchasing an additional 432 shares during the last quarter.

JPMorgan Diversified Return US Equity ETF Stock Down 1.1 %

NYSEARCA:JPUS opened at $117.09 on Friday. JPMorgan Diversified Return US Equity ETF has a 12-month low of $105.26 and a 12-month high of $124.10. The firm has a market capitalization of $442.60 million, a P/E ratio of 19.02 and a beta of 0.98. The stock’s fifty day simple moving average is $116.57 and its 200-day simple moving average is $117.78.

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.