JPMorgan Chase & Co. Decreases Stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

JPMorgan Chase & Co. trimmed its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 7.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 66,154 shares of the company’s stock after selling 5,024 shares during the period. JPMorgan Chase & Co. owned about 1.18% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $3,746,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JPEM. Farther Finance Advisors LLC grew its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock valued at $67,000 after buying an additional 1,061 shares during the period. Continuum Advisory LLC increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% during the third quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock worth $85,000 after acquiring an additional 193 shares during the last quarter. Truist Financial Corp purchased a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 2nd quarter valued at approximately $224,000. Stifel Financial Corp increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% in the 3rd quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock worth $262,000 after purchasing an additional 651 shares during the last quarter. Finally, Barnes Pettey Financial Advisors LLC raised its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 49.3% during the third quarter. Barnes Pettey Financial Advisors LLC now owns 7,782 shares of the company’s stock valued at $441,000 after buying an additional 2,570 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $51.68 on Friday. The firm’s 50-day moving average is $52.97 and its 200-day moving average is $54.22. The company has a market cap of $289.41 million, a P/E ratio of 9.08 and a beta of 0.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $50.60 and a 1 year high of $57.88.

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.