Stifel Financial Corp Grows Stock Position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Stifel Financial Corp increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 15.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 10,006 shares of the company’s stock after acquiring an additional 1,368 shares during the period. Stifel Financial Corp owned approximately 0.26% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $1,051,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPME. Thoroughbred Financial Services LLC increased its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.7% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 6,896 shares of the company’s stock worth $656,000 after purchasing an additional 118 shares during the last quarter. Asset Dedication LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter valued at approximately $25,000. Private Advisor Group LLC lifted its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.5% in the 2nd quarter. Private Advisor Group LLC now owns 15,826 shares of the company’s stock worth $1,507,000 after acquiring an additional 388 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 11.7% during the 3rd quarter. Harbour Investments Inc. now owns 6,689 shares of the company’s stock worth $703,000 after purchasing an additional 699 shares during the period. Finally, Richard P Slaughter Associates Inc increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 6.2% in the 3rd quarter. Richard P Slaughter Associates Inc now owns 13,195 shares of the company’s stock valued at $1,386,000 after purchasing an additional 773 shares during the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.1 %

NYSEARCA:JPME opened at $103.46 on Tuesday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52 week low of $89.30 and a 52 week high of $111.55. The stock’s fifty day moving average is $106.83 and its two-hundred day moving average is $102.16. The stock has a market capitalization of $396.25 million, a price-to-earnings ratio of 15.11 and a beta of 0.87.

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.