28,733 Shares in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM Acquired by Birchwood Financial Partners Inc.

Birchwood Financial Partners Inc. bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) during the 4th quarter, Holdings Channel reports. The institutional investor bought 28,733 shares of the company’s stock, valued at approximately $1,745,000. JPMorgan Diversified Return Emerging Markets Equity ETF makes up 1.7% of Birchwood Financial Partners Inc.’s holdings, making the stock its 14th largest position.

A number of other institutional investors have also recently bought and sold shares of JPEM. Bank of America Corp DE boosted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% in the third quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock valued at $19,061,000 after buying an additional 111,074 shares during the period. Marshall Wace LLP increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1,848.5% during the second quarter. Marshall Wace LLP now owns 87,740 shares of the company’s stock worth $4,949,000 after acquiring an additional 83,237 shares in the last quarter. Tactive Advisors LLC raised its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 33.9% during the fourth quarter. Tactive Advisors LLC now owns 131,424 shares of the company’s stock worth $7,981,000 after acquiring an additional 33,291 shares during the period. Strategic Financial Concepts LLC raised its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 560.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 30,551 shares of the company’s stock worth $1,855,000 after acquiring an additional 25,924 shares during the period. Finally, Wells Fargo & Company MN raised its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 27.8% during the fourth quarter. Wells Fargo & Company MN now owns 114,207 shares of the company’s stock worth $6,936,000 after acquiring an additional 24,838 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.4%

JPEM opened at $65.02 on Friday. The stock has a market capitalization of $390.12 million, a P/E ratio of 11.40 and a beta of 0.46. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12 month low of $54.96 and a 12 month high of $67.40. The firm’s fifty day simple moving average is $64.95 and its 200 day simple moving average is $63.64.

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. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.