Jacobi Capital Management LLC acquired a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 62,760 shares of the company’s stock, valued at approximately $3,973,000.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Moneco Advisors LLC purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter valued at about $872,000. Avantax Planning Partners Inc. bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 3rd quarter valued at approximately $8,181,000. StoneX Group Inc. acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth approximately $283,000. Asset One Wealth Management LLC acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth approximately $209,000. Finally, Birchwood Financial Partners Inc. acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth approximately $1,913,000.
JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance
Shares of JPEM opened at $63.08 on Thursday. The firm has a market cap of $372.17 million, a PE ratio of 11.16 and a beta of 0.49. The firm’s 50 day moving average price is $64.15 and its 200 day moving average price is $64.38. JPMorgan Diversified Return Emerging Markets Equity ETF has a twelve month low of $59.21 and a twelve month high of $67.53.
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. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.
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