Focus Partners Wealth Buys New Stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Focus Partners Wealth bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 119,892 shares of the company’s stock, valued at approximately $6,220,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Strategic Financial Concepts LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 5,108.1% during the 4th quarter. Strategic Financial Concepts LLC now owns 470,652 shares of the company’s stock worth $24,419,000 after buying an additional 461,615 shares during the period. LPL Financial LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 0.7% during the 4th quarter. LPL Financial LLC now owns 292,524 shares of the company’s stock worth $15,177,000 after buying an additional 1,988 shares during the period. OLD Mission Capital LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 76.8% during the 4th quarter. OLD Mission Capital LLC now owns 233,247 shares of the company’s stock worth $12,101,000 after buying an additional 101,346 shares during the period. SAM Advisors LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 6.2% during the 4th quarter. SAM Advisors LLC now owns 186,947 shares of the company’s stock worth $9,708,000 after buying an additional 10,923 shares during the period. Finally, American Money Management LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 5.2% during the 4th quarter. American Money Management LLC now owns 182,264 shares of the company’s stock worth $9,456,000 after buying an additional 8,981 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $55.67 on Wednesday. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $47.92 and a 12-month high of $57.88. The company has a market capitalization of $334.02 million, a price-to-earnings ratio of 11.35 and a beta of 0.56. The firm’s fifty day moving average price is $52.69 and its 200 day moving average price is $52.88.

JPMorgan Diversified Return Emerging Markets Equity ETF Company 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.