N.E.W. Advisory Services LLC Acquires 6,878 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF $JPME

N.E.W. Advisory Services LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 825.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,711 shares of the company’s stock after purchasing an additional 6,878 shares during the period. N.E.W. Advisory Services LLC’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $838,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPME. MAI Capital Management lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% during the third quarter. MAI Capital Management now owns 408 shares of the company’s stock worth $44,000 after purchasing an additional 133 shares during the period. Farther Finance Advisors LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% during the fourth quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock worth $86,000 after purchasing an additional 619 shares during the period. Private Trust Co. NA lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% during the third quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock worth $126,000 after purchasing an additional 634 shares during the period. Cary Street Partners Financial LLC bought a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth about $220,000. Finally, Luts & Greenleigh Group Inc. bought a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth about $222,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.4%

Shares of JPME opened at $120.84 on Friday. The stock has a market cap of $428.98 million, a price-to-earnings ratio of 17.00 and a beta of 0.92. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12 month low of $96.04 and a 12 month high of $121.69. The company has a 50-day moving average price of $116.92 and a two-hundred day moving average price of $112.36.

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.