Diversified Return International Equity ETF (NYSEARCA:JPIN) Stock Price Up 0.6% – Should You Buy?

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

Diversified Return International Equity ETF Stock Up -1.5 %

The company’s 50-day moving average is $56.36 and its 200-day moving average is $57.16. The stock has a market cap of $354.29 million, a price-to-earnings ratio of 10.92 and a beta of 0.73.

Institutional Trading of Diversified Return International Equity ETF

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