Private Advisor Group LLC Trims Stock Holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Private Advisor Group LLC lowered its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 2.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 20,880 shares of the company’s stock after selling 532 shares during the period. Private Advisor Group LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Key Financial Inc purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the second quarter valued at approximately $83,000. Walkner Condon Financial Advisors LLC lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 6.8% in the second quarter. Walkner Condon Financial Advisors LLC now owns 4,197 shares of the company’s stock valued at $227,000 after buying an additional 269 shares during the last quarter. EdgeRock Capital LLC lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 13.3% in the second quarter. EdgeRock Capital LLC now owns 8,945 shares of the company’s stock valued at $484,000 after buying an additional 1,047 shares during the last quarter. &PARTNERS purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the second quarter valued at approximately $1,106,000. Finally, Focus Financial Network Inc. lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 8.4% in the second quarter. Focus Financial Network Inc. now owns 24,269 shares of the company’s stock valued at $1,346,000 after buying an additional 1,880 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.9 %

Shares of NYSEARCA JPEM opened at $54.36 on Monday. The stock has a market cap of $304.42 million, a P/E ratio of 9.08 and a beta of 0.58. The stock has a 50 day moving average of $54.56 and a two-hundred day moving average of $54.57. JPMorgan Diversified Return Emerging Markets Equity ETF has a twelve month low of $47.37 and a twelve month high of $57.22.

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.