Financially in Tune LLC Takes Position in JPMorgan Diversified Return International Equity ETF $JPIN

Financially in Tune LLC purchased a new stake in JPMorgan Diversified Return International Equity ETF (NYSEARCA:JPIN) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 18,401 shares of the company’s stock, valued at approximately $1,254,000. JPMorgan Diversified Return International Equity ETF comprises 1.2% of Financially in Tune LLC’s portfolio, making the stock its 23rd largest holding. Financially in Tune LLC owned 0.37% of JPMorgan Diversified Return International Equity ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV lifted its position in JPMorgan Diversified Return International Equity ETF by 1.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 15,923 shares of the company’s stock valued at $1,085,000 after purchasing an additional 165 shares during the period. KKM Financial LLC acquired a new stake in shares of JPMorgan Diversified Return International Equity ETF during the 4th quarter worth approximately $4,132,000. Cetera Investment Advisers grew its position in shares of JPMorgan Diversified Return International Equity ETF by 5.2% during the 4th quarter. Cetera Investment Advisers now owns 9,891 shares of the company’s stock worth $674,000 after buying an additional 492 shares during the period. Captrust Financial Advisors raised its stake in shares of JPMorgan Diversified Return International Equity ETF by 1.4% during the fourth quarter. Captrust Financial Advisors now owns 163,054 shares of the company’s stock worth $11,111,000 after buying an additional 2,325 shares during the last quarter. Finally, Royal Bank of Canada raised its stake in shares of JPMorgan Diversified Return International Equity ETF by 102.0% during the fourth quarter. Royal Bank of Canada now owns 178,135 shares of the company’s stock worth $12,138,000 after buying an additional 89,957 shares during the last quarter.

JPMorgan Diversified Return International Equity ETF Price Performance

Shares of NYSEARCA JPIN opened at $74.33 on Friday. JPMorgan Diversified Return International Equity ETF has a fifty-two week low of $62.68 and a fifty-two week high of $77.08. The firm has a market capitalization of $364.22 million, a P/E ratio of 12.60 and a beta of 0.67. The company’s 50 day simple moving average is $74.16 and its 200 day simple moving average is $72.25.

JPMorgan Diversified Return International Equity ETF 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. JPIN was launched on Nov 7, 2014 and is managed by JPMorgan Chase.