Diversified Return International Equity ETF (NYSEARCA:JPIN) Shares Up 0.6% – Here’s What Happened

Diversified Return International Equity ETF (NYSEARCA:JPIN)’s stock price traded up 0.6% on Monday . The stock traded as high as $54.58 and last traded at $54.51. 17,754 shares traded hands during mid-day trading, a decline of 14% from the average session volume of 20,742 shares. The stock had previously closed at $54.21.

Diversified Return International Equity ETF Stock Up 0.6 %

The stock has a market cap of $359.77 million, a P/E ratio of 10.92 and a beta of 0.73. The firm has a 50 day simple moving average of $56.54 and a 200-day simple moving average of $57.20.

Hedge Funds Weigh In On Diversified Return International Equity ETF

A hedge fund recently bought a new stake in Diversified Return International Equity ETF stock. 3Chopt Investment Partners LLC bought a new position in shares of Diversified Return International Equity ETF (NYSEARCA:JPIN) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,094 shares of the company’s stock, valued at approximately $226,000. 3Chopt Investment Partners LLC owned approximately 0.06% of Diversified Return International Equity ETF as of its most recent filing with the SEC.

About Diversified Return International Equity ETF

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.