Wealthspire Advisors LLC Cuts Stock Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Wealthspire Advisors LLC decreased its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 27.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,730 shares of the company’s stock after selling 4,842 shares during the quarter. Wealthspire Advisors LLC owned 0.23% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $660,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock valued at $67,000 after buying an additional 1,061 shares during the period. Continuum Advisory LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% in the third quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock valued at $85,000 after acquiring an additional 193 shares in the last quarter. Walkner Condon Financial Advisors LLC boosted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 6.9% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 4,657 shares of the company’s stock valued at $242,000 after purchasing an additional 301 shares during the period. Perigon Wealth Management LLC acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter worth $260,000. Finally, Stifel Financial Corp increased its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% during the 3rd quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock worth $262,000 after purchasing an additional 651 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of JPEM opened at $52.52 on Wednesday. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $50.60 and a 1 year high of $57.88. The stock has a market capitalization of $315.12 million, a PE ratio of 9.20 and a beta of 0.71. The stock has a 50-day simple moving average of $52.38 and a 200-day simple moving average of $53.86.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings.