Global Assets Advisory LLC Invests $816,000 in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Global Assets Advisory LLC acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,263 shares of the company’s stock, valued at approximately $816,000. Global Assets Advisory LLC owned approximately 0.26% of JPMorgan Diversified Return Emerging Markets Equity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. KWB Wealth grew its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 58.1% during the fourth quarter. KWB Wealth now owns 136,467 shares of the company’s stock valued at $7,136,000 after acquiring an additional 50,171 shares in the last quarter. Townsquare Capital LLC grew its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 178.8% during the third quarter. Townsquare Capital LLC now owns 77,144 shares of the company’s stock valued at $3,886,000 after acquiring an additional 49,475 shares in the last quarter. Advisors Capital Management LLC purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the third quarter valued at $2,171,000. Schiavi & Co LLC grew its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 403.8% during the fourth quarter. Schiavi & Co LLC now owns 45,065 shares of the company’s stock valued at $2,356,000 after acquiring an additional 36,120 shares in the last quarter. Finally, LPL Financial LLC lifted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.1% during the third quarter. LPL Financial LLC now owns 210,298 shares of the company’s stock valued at $10,593,000 after purchasing an additional 29,220 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Down 0.3 %

JPEM stock opened at $53.77 on Thursday. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $47.37 and a 52 week high of $57.22. The company has a fifty day simple moving average of $55.18 and a two-hundred day simple moving average of $53.66. The firm has a market capitalization of $301.11 million, a P/E ratio of 9.08 and a beta of 0.58.

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.