HighTower Advisors LLC raised its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME – Free Report) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 338,574 shares of the company’s stock after acquiring an additional 24,973 shares during the quarter. HighTower Advisors LLC owned approximately 9.54% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $36,789,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. MAI Capital Management boosted its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% in the 3rd quarter. MAI Capital Management now owns 408 shares of the company’s stock valued at $44,000 after buying an additional 133 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% in the 4th quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock valued at $86,000 after buying an additional 619 shares during the period. Cary Street Partners Financial LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter valued at about $220,000. Luts & Greenleigh Group Inc. purchased a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter valued at about $222,000. Finally, ProCore Advisors LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 4th quarter valued at about $226,000.
JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance
Shares of JPME opened at $120.45 on Friday. The stock has a 50-day simple moving average of $117.74 and a 200-day simple moving average of $114.07. The stock has a market capitalization of $433.62 million, a PE ratio of 17.00 and a beta of 0.89. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $99.58 and a 1 year high of $122.86.
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.
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