Envestnet Asset Management Inc. Raises Stock Position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 1.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,742 shares of the company’s stock after buying an additional 163 shares during the period. Envestnet Asset Management Inc. owned approximately 0.25% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. MAS Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the fourth quarter valued at about $1,799,000. Raymond James Financial Inc. purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the fourth quarter valued at approximately $1,681,000. LPL Financial LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 6.9% during the fourth quarter. LPL Financial LLC now owns 230,050 shares of the company’s stock worth $23,574,000 after purchasing an additional 14,753 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 107.2% during the fourth quarter. Jones Financial Companies Lllp now owns 26,894 shares of the company’s stock worth $2,756,000 after buying an additional 13,912 shares during the period. Finally, Dynamic Advisor Solutions LLC raised its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 9.1% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 105,315 shares of the company’s stock valued at $10,792,000 after buying an additional 8,774 shares during the period.

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

Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF stock opened at $98.12 on Friday. The stock has a market capitalization of $331.65 million, a price-to-earnings ratio of 16.55 and a beta of 0.98. The business has a 50-day moving average of $98.38 and a 200 day moving average of $103.20. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12 month low of $87.85 and a 12 month high of $111.55.

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