Gateway Wealth Partners LLC Increases Position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Gateway Wealth Partners LLC lifted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 25.1% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 46,897 shares of the company’s stock after buying an additional 9,415 shares during the quarter. JPMorgan Diversified Return U.S. Mid Cap Equity ETF makes up 1.3% of Gateway Wealth Partners LLC’s holdings, making the stock its 13th largest holding. Gateway Wealth Partners LLC’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $4,464,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Goldstein Advisors LLC grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.8% during the 2nd quarter. Goldstein Advisors LLC now owns 233,810 shares of the company’s stock valued at $22,258,000 after buying an additional 4,137 shares in the last quarter. CreativeOne Wealth LLC grew its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 39.1% during the first quarter. CreativeOne Wealth LLC now owns 222,040 shares of the company’s stock valued at $22,013,000 after acquiring an additional 62,360 shares in the last quarter. Appleton Partners Inc. MA grew its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 0.5% during the second quarter. Appleton Partners Inc. MA now owns 88,145 shares of the company’s stock valued at $8,391,000 after acquiring an additional 400 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.8% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 71,350 shares of the company’s stock valued at $6,792,000 after acquiring an additional 1,944 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 38.1% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 43,287 shares of the company’s stock worth $4,121,000 after purchasing an additional 11,941 shares in the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.3 %

Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF stock opened at $104.79 on Monday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a twelve month low of $79.21 and a twelve month high of $105.32. The business has a 50-day moving average price of $100.98 and a 200-day moving average price of $97.91. The firm has a market cap of $401.35 million, a price-to-earnings ratio of 15.11 and a beta of 0.87.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile

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.