Cetera Investment Advisers Sells 527 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Cetera Investment Advisers reduced its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 8.5% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 5,698 shares of the company’s stock after selling 527 shares during the period. Cetera Investment Advisers owned about 0.16% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $573,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Journey Strategic Wealth LLC increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.6% during the 1st quarter. Journey Strategic Wealth LLC now owns 10,401 shares of the company’s stock worth $1,046,000 after purchasing an additional 264 shares in the last quarter. Private Advisor Group LLC increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.6% during the 1st quarter. Private Advisor Group LLC now owns 17,131 shares of the company’s stock worth $1,723,000 after purchasing an additional 438 shares in the last quarter. Cerity Partners LLC increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.1% during the 1st quarter. Cerity Partners LLC now owns 702,656 shares of the company’s stock worth $70,668,000 after purchasing an additional 14,582 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 9,875 shares of the company’s stock worth $993,000 after purchasing an additional 133 shares in the last quarter. Finally, Wayfinding Financial LLC bought a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 1st quarter worth approximately $28,000.

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

Shares of JPME opened at $105.74 on Friday. The stock has a 50 day moving average price of $104.39 and a two-hundred day moving average price of $101.86. The firm has a market capitalization of $361.63 million, a P/E ratio of 17.00 and a beta of 1.04. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52 week low of $87.85 and a 52 week 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.