Commonwealth Equity Services LLC Boosts Holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Commonwealth Equity Services LLC raised its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 7.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,198 shares of the company’s stock after purchasing an additional 1,702 shares during the period. Commonwealth Equity Services LLC owned 0.66% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $2,582,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JPME. CreativeOne Wealth LLC boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 30.8% during the third quarter. CreativeOne Wealth LLC now owns 224,974 shares of the company’s stock valued at $23,631,000 after buying an additional 53,029 shares during the period. HighTower Advisors LLC boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 0.4% during the 3rd quarter. HighTower Advisors LLC now owns 292,171 shares of the company’s stock valued at $30,698,000 after acquiring an additional 1,246 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 15.8% during the third quarter. Stifel Financial Corp now owns 10,006 shares of the company’s stock worth $1,051,000 after purchasing an additional 1,368 shares in the last quarter. Zega Financial LLC bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter worth approximately $660,000. Finally, JPMorgan Chase & Co. raised its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.8% in the third quarter. JPMorgan Chase & Co. now owns 15,516 shares of the company’s stock valued at $1,630,000 after purchasing an additional 4,950 shares in the last quarter.

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

JPME stock opened at $101.45 on Thursday. The firm has a 50 day simple moving average of $103.68 and a two-hundred day simple moving average of $104.70. The stock has a market cap of $395.66 million, a PE ratio of 17.75 and a beta of 1.06. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a one year low of $92.45 and a one year high of $111.55.

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

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be given a $0.3711 dividend. The ex-dividend date is Tuesday, March 25th.

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.