HighTower Advisors LLC Acquires 18,997 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF $JPME

HighTower Advisors LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 6.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 313,601 shares of the company’s stock after purchasing an additional 18,997 shares during the quarter. HighTower Advisors LLC owned about 9.09% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $34,009,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 96,016 shares of the company’s stock worth $10,371,000 after purchasing an additional 30,474 shares in the last quarter. Ameriprise Financial Inc. purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the second quarter worth about $490,000. Dynamic Advisor Solutions LLC lifted its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.1% in the third quarter. Dynamic Advisor Solutions LLC now owns 155,608 shares of the company’s stock worth $16,875,000 after buying an additional 4,649 shares in the last quarter. Traub Capital Management LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the second quarter valued at approximately $430,000. Finally, CoreCap Advisors LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter valued at approximately $445,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Down 0.6%

Shares of JPME opened at $117.73 on Wednesday. The company has a market cap of $417.94 million, a price-to-earnings ratio of 17.00 and a beta of 0.95. The business’s fifty day simple moving average is $112.67 and its two-hundred day simple moving average is $109.30. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12 month low of $87.85 and a 12 month high of $119.36.

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.