Vantus Wealth LLC Invests $1.70 Million in JPMorgan Diversified Return U.S. Mid Cap Equity ETF $JPME

Vantus Wealth LLC bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 15,685 shares of the company’s stock, valued at approximately $1,704,000. JPMorgan Diversified Return U.S. Mid Cap Equity ETF makes up 1.3% of Vantus Wealth LLC’s investment portfolio, making the stock its 17th biggest holding.

Other institutional investors also recently modified their holdings of the company. Empirical Asset Management LLC grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 63.9% in the 4th quarter. Empirical Asset Management LLC now owns 16,177 shares of the company’s stock valued at $1,758,000 after purchasing an additional 6,306 shares during the period. HighTower Advisors LLC grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 8.0% in the 4th quarter. HighTower Advisors LLC now owns 338,574 shares of the company’s stock valued at $36,789,000 after purchasing an additional 24,973 shares during the period. Manske Wealth Management grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.9% in the 4th quarter. Manske Wealth Management now owns 54,840 shares of the company’s stock valued at $5,959,000 after purchasing an additional 1,042 shares during the period. Gallacher Capital Management LLC grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 10.1% in the 4th quarter. Gallacher Capital Management LLC now owns 13,332 shares of the company’s stock valued at $1,449,000 after purchasing an additional 1,228 shares during the period. Finally, Sanctuary Advisors LLC grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.5% in the 4th quarter. Sanctuary Advisors LLC now owns 69,363 shares of the company’s stock valued at $7,537,000 after purchasing an additional 2,349 shares during the period.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of JPME opened at $121.51 on Tuesday. The stock has a 50 day simple moving average of $118.83 and a 200 day simple moving average of $114.82. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52-week low of $100.46 and a 52-week high of $122.96. The firm has a market capitalization of $437.44 million, a PE ratio of 17.00 and a beta of 0.89.

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.