JPMorgan Chase & Co. Increases Stock Position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

JPMorgan Chase & Co. raised its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 46.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 15,516 shares of the company’s stock after purchasing an additional 4,950 shares during the period. JPMorgan Chase & Co.’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $1,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Zega Financial LLC purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter valued at approximately $660,000. Stifel Financial Corp lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 15.8% in the third quarter. Stifel Financial Corp now owns 10,006 shares of the company’s stock valued at $1,051,000 after buying an additional 1,368 shares during the last quarter. HighTower Advisors LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 0.4% in the third quarter. HighTower Advisors LLC now owns 292,171 shares of the company’s stock valued at $30,698,000 after buying an additional 1,246 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 30.8% in the third quarter. CreativeOne Wealth LLC now owns 224,974 shares of the company’s stock valued at $23,631,000 after buying an additional 53,029 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.6% in the third quarter. Cerity Partners LLC now owns 692,280 shares of the company’s stock valued at $72,717,000 after buying an additional 11,183 shares during the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Up 0.1 %

Shares of NYSEARCA JPME opened at $106.88 on Friday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a twelve month low of $89.99 and a twelve month high of $111.55. The stock has a 50 day moving average of $105.99 and a two-hundred day moving average of $103.45. The stock has a market cap of $409.35 million, a P/E ratio of 15.11 and a beta of 0.87.

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.