JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Stock Position Lessened by Wealthspire Advisors LLC

Wealthspire Advisors LLC reduced its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,932 shares of the company’s stock after selling 3,013 shares during the quarter. Wealthspire Advisors LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $2,506,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. SRS Capital Advisors Inc. acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter valued at $32,000. Headinvest LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the third quarter valued at $70,000. Security Financial Services INC. purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the third quarter valued at $268,000. Walkner Condon Financial Advisors LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter valued at $302,000. Finally, Lincoln National Corp lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 7.7% during the fourth quarter. Lincoln National Corp now owns 6,300 shares of the company’s stock valued at $329,000 after purchasing an additional 450 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Up 0.1 %

Shares of NYSEARCA JPEM traded up $0.04 during mid-day trading on Wednesday, hitting $55.57. 29,706 shares of the company traded hands, compared to its average volume of 32,032. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $47.37 and a 1 year high of $55.75. The stock has a market capitalization of $322.31 million, a price-to-earnings ratio of 8.68 and a beta of 0.58. The business has a 50 day moving average of $53.89 and a two-hundred day moving average of $52.28.

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.