Cetera Investment Advisers Has $1.26 Million Holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Cetera Investment Advisers trimmed its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,279 shares of the company’s stock after selling 189 shares during the quarter. Cetera Investment Advisers owned 0.42% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $1,259,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPEM. Whittier Trust Co. of Nevada Inc. bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 1st quarter worth approximately $65,000. Continuum Advisory LLC lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 92.8% during the second quarter. Continuum Advisory LLC now owns 1,398 shares of the company’s stock valued at $76,000 after acquiring an additional 673 shares during the period. Key Financial Inc acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 2nd quarter valued at $83,000. Financial Gravity Asset Management Inc. bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 2nd quarter worth about $144,000. Finally, Concourse Financial Group Securities Inc. grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 29.5% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 2,820 shares of the company’s stock worth $151,000 after purchasing an additional 643 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

JPEM opened at $55.24 on Thursday. The firm’s 50-day simple moving average is $55.12 and its 200-day simple moving average is $54.93. JPMorgan Diversified Return Emerging Markets Equity ETF has a twelve month low of $47.37 and a twelve month high of $57.88. The firm has a market cap of $309.37 million, a price-to-earnings ratio of 9.08 and a beta of 0.58.

JPMorgan Diversified Return Emerging Markets Equity ETF Profile

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.