Richard P Slaughter Associates Inc Acquires 515 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Richard P Slaughter Associates Inc lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,710 shares of the company’s stock after acquiring an additional 515 shares during the period. Richard P Slaughter Associates Inc’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $1,405,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Asset Dedication LLC acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter worth about $25,000. First Trust Direct Indexing L.P. acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth about $211,000. Nottingham Advisors Inc. purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter valued at about $578,000. EverSource Wealth Advisors LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 224.9% in the second quarter. EverSource Wealth Advisors LLC now owns 5,845 shares of the company’s stock valued at $590,000 after purchasing an additional 4,046 shares during the period. Finally, Zega Financial LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter worth about $660,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 1.0 %

Shares of NYSEARCA JPME opened at $103.75 on Wednesday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52 week low of $89.30 and a 52 week high of $111.55. The firm has a market cap of $397.36 million, a P/E ratio of 15.11 and a beta of 0.87. The business’s 50 day moving average price is $106.21 and its 200 day moving average price is $103.03.

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.