Diversified Return International Equity ETF (NYSEARCA:JPIN) Stock Price Up 1.1%

Diversified Return International Equity ETF (NYSEARCA:JPIN) shares shot up 1.1% during mid-day trading on Wednesday . The stock traded as high as $56.16 and last traded at $56.13. 14,273 shares traded hands during mid-day trading, a decline of 40% from the average session volume of 23,650 shares. The stock had previously closed at $55.50.

Diversified Return International Equity ETF Price Performance

The stock has a market capitalization of $370.46 million, a PE ratio of 10.92 and a beta of 0.73. The stock’s fifty day moving average is $56.35 and its 200-day moving average is $55.15.

Institutional Trading of Diversified Return International Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of JPIN. Sterneck Capital Management LLC lifted its holdings in Diversified Return International Equity ETF by 3.0% in the 4th quarter. Sterneck Capital Management LLC now owns 116,384 shares of the company’s stock valued at $6,322,000 after purchasing an additional 3,336 shares in the last quarter. Mango Investments LLC acquired a new stake in shares of Diversified Return International Equity ETF in the fourth quarter valued at about $5,070,000. Raymond James Financial Services Advisors Inc. lifted its stake in shares of Diversified Return International Equity ETF by 3.2% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 52,917 shares of the company’s stock worth $2,981,000 after buying an additional 1,619 shares in the last quarter. Valicenti Advisory Services Inc. boosted its position in Diversified Return International Equity ETF by 2.0% during the fourth quarter. Valicenti Advisory Services Inc. now owns 24,916 shares of the company’s stock worth $1,353,000 after acquiring an additional 494 shares during the last quarter. Finally, Security Financial Services INC. grew its stake in Diversified Return International Equity ETF by 67.1% during the 4th quarter. Security Financial Services INC. now owns 7,215 shares of the company’s stock valued at $392,000 after acquiring an additional 2,898 shares in the last quarter.

Diversified Return International Equity ETF Company Profile

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.