Raymond James & Associates Invests $265,000 in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Raymond James & Associates purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 3,005 shares of the company’s stock, valued at approximately $265,000. Raymond James & Associates owned about 0.08% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Captrust Financial Advisors raised its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 4.4% in the 4th quarter. Captrust Financial Advisors now owns 2,917 shares of the company’s stock worth $246,000 after purchasing an additional 123 shares during the period. FMR LLC raised its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 36.8% in the 1st quarter. FMR LLC now owns 584 shares of the company’s stock worth $50,000 after purchasing an additional 157 shares during the period. Aspire Private Capital LLC raised its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 23.5% in the 4th quarter. Aspire Private Capital LLC now owns 966 shares of the company’s stock worth $81,311,504,000 after purchasing an additional 184 shares during the period. Cambridge Investment Research Advisors Inc. raised its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.8% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,439 shares of the company’s stock worth $790,000 after purchasing an additional 309 shares during the period. Finally, Ameritas Advisory Services LLC bought a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 1st quarter worth $38,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF stock opened at $82.89 on Friday. The stock’s fifty day moving average is $83.59 and its 200 day moving average is $85.75. The stock has a market cap of $321.61 million, a P/E ratio of 15.57 and a beta of 1.04. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a one year low of $79.21 and a one year high of $91.79.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

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.