JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Shares Acquired by Jacobi Capital Management LLC

Jacobi Capital Management LLC lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 15.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,473 shares of the company’s stock after acquiring an additional 4,250 shares during the quarter. Jacobi Capital Management LLC owned about 0.58% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $1,685,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JPEM. Farther Finance Advisors LLC grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% in the third quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock worth $67,000 after buying an additional 1,061 shares during the last quarter. Continuum Advisory LLC grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% in the third quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock worth $85,000 after buying an additional 193 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 6.9% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 4,657 shares of the company’s stock worth $242,000 after buying an additional 301 shares during the last quarter. Perigon Wealth Management LLC acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter worth approximately $260,000. Finally, Stifel Financial Corp grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% in the third quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock worth $262,000 after buying an additional 651 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $51.54 on Friday. The firm has a market cap of $309.24 million, a price-to-earnings ratio of 9.20 and a beta of 0.71. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $50.60 and a 1 year high of $57.88. The firm’s 50 day moving average price is $52.31 and its two-hundred day moving average price is $53.81.

JPMorgan Diversified Return Emerging Markets Equity ETF 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.