Cerity Partners LLC Sells 4,206 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Cerity Partners LLC decreased its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 688,074 shares of the company’s stock after selling 4,206 shares during the quarter. Cerity Partners LLC owned approximately 17.97% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $70,508,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Stifel Financial Corp raised its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 15.8% during the third quarter. Stifel Financial Corp now owns 10,006 shares of the company’s stock valued at $1,051,000 after acquiring an additional 1,368 shares in the last quarter. JPMorgan Chase & Co. raised its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,516 shares of the company’s stock valued at $1,630,000 after purchasing an additional 4,950 shares in the last quarter. Principal Securities Inc. grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 108.5% during the 4th quarter. Principal Securities Inc. now owns 1,793 shares of the company’s stock worth $184,000 after buying an additional 933 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 7.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 25,198 shares of the company’s stock valued at $2,582,000 after buying an additional 1,702 shares during the period. Finally, Steward Partners Investment Advisory LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the fourth quarter valued at about $106,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Price Performance

NYSEARCA:JPME opened at $90.99 on Tuesday. The firm has a market cap of $354.86 million, a PE ratio of 17.75 and a beta of 1.06. The company has a 50-day moving average of $102.33 and a 200 day moving average of $104.48. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1-year low of $89.55 and a 1-year high of $111.55.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.3711 per share. The ex-dividend date was Tuesday, March 25th.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.