Avantax Advisory Services Inc. Has $7.28 Million Stock Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Avantax Advisory Services Inc. raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 8.5% in the first quarter, HoldingsChannel reports. The fund owned 136,296 shares of the company’s stock after acquiring an additional 10,690 shares during the period. Avantax Advisory Services Inc.’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $7,284,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Occidental Asset Management LLC grew its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.1% in the fourth quarter. Occidental Asset Management LLC now owns 21,098 shares of the company’s stock valued at $1,103,000 after acquiring an additional 226 shares in the last quarter. BKM Wealth Management LLC raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 2.1% in the first quarter. BKM Wealth Management LLC now owns 13,116 shares of the company’s stock valued at $701,000 after buying an additional 270 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.4% in the first quarter. Commonwealth Equity Services LLC now owns 71,653 shares of the company’s stock valued at $3,830,000 after buying an additional 296 shares during the period. Lincoln National Corp grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 7.7% during the fourth quarter. Lincoln National Corp now owns 6,300 shares of the company’s stock worth $329,000 after buying an additional 450 shares in the last quarter. Finally, SRS Capital Advisors Inc. bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter worth $32,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Down 0.8 %

Shares of NYSEARCA:JPEM traded down $0.46 during trading on Wednesday, reaching $55.51. 11,983 shares of the company traded hands, compared to its average volume of 34,340. The firm has a market capitalization of $310.86 million, a PE ratio of 9.08 and a beta of 0.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $47.37 and a 52 week high of $57.22. The company’s 50 day moving average is $55.37 and its two-hundred day moving average is $54.00.

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.