EverSource Wealth Advisors LLC Purchases 4,046 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

EverSource Wealth Advisors LLC increased its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 224.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,845 shares of the company’s stock after acquiring an additional 4,046 shares during the period. EverSource Wealth Advisors LLC owned about 0.15% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $590,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Albion Financial Group UT bought a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the second quarter valued at about $153,000. PFG Advisors bought a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the first quarter valued at approximately $284,000. Thoroughbred Financial Services LLC increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.7% during the second quarter. Thoroughbred Financial Services LLC now owns 6,896 shares of the company’s stock valued at $656,000 after buying an additional 118 shares during the last quarter. Private Advisor Group LLC raised its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 8.3% in the first quarter. Private Advisor Group LLC now owns 15,438 shares of the company’s stock worth $1,531,000 after acquiring an additional 1,184 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 18.7% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 23,428 shares of the company’s stock worth $2,153,000 after acquiring an additional 3,696 shares during the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Price Performance

Shares of JPME stock opened at $104.99 on Tuesday. The company has a market cap of $402.11 million, a price-to-earnings ratio of 15.11 and a beta of 0.87. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $79.21 and a 1 year high of $104.99. The firm has a fifty day moving average price of $100.56 and a 200-day moving average price of $97.69.

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