Citigroup Inc. Acquires 7,637 Shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Citigroup Inc. boosted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 19.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 47,496 shares of the company’s stock after purchasing an additional 7,637 shares during the quarter. Citigroup Inc. owned about 0.86% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $2,398,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPEM. Money Concepts Capital Corp raised its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 65.8% during the 4th quarter. Money Concepts Capital Corp now owns 534 shares of the company’s stock worth $26,000 after purchasing an additional 212 shares during the last quarter. WealthPLAN Partners LLC bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 1st quarter valued at about $33,000. Private Trust Co. NA increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 83.4% in the 1st quarter. Private Trust Co. NA now owns 1,443 shares of the company’s stock valued at $73,000 after acquiring an additional 656 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 1st quarter valued at about $101,000. Finally, Ancora Advisors LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 243.8% in the 1st quarter. Ancora Advisors LLC now owns 2,651 shares of the company’s stock valued at $150,000 after acquiring an additional 1,880 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

Shares of JPEM stock opened at $51.43 on Wednesday. The stock has a market cap of $303.44 million, a PE ratio of 8.89 and a beta of 0.71. The stock has a 50-day moving average of $51.48 and a 200-day moving average of $51.05. JPMorgan Diversified Return Emerging Markets Equity ETF has a one year low of $44.38 and a one year high of $53.44.

About JPMorgan Diversified Return Emerging Markets Equity ETF

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.