Raymond James Financial Inc. purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 91,207 shares of the company’s stock, valued at approximately $4,732,000.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JPEM. Continuum Advisory LLC lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock valued at $85,000 after purchasing an additional 193 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its stake 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 buying an additional 301 shares during the last quarter. Perigon Wealth Management LLC acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter valued at approximately $260,000. Stifel Financial Corp grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% during the third quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock worth $262,000 after acquiring an additional 651 shares during the last quarter. Finally, MONECO Advisors LLC acquired a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter valued at $409,000.
JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance
Shares of NYSEARCA:JPEM opened at $53.30 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 cap of $319.80 million, a P/E ratio of 11.11 and a beta of 0.71. The firm has a fifty day moving average price of $52.69 and a 200 day moving average price of $53.58.
JPMorgan Diversified Return Emerging Markets Equity ETF Cuts Dividend
About JPMorgan Diversified Return Emerging Markets Equity ETF
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.
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