49 Wealth Management LLC Cuts Stock Position in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

49 Wealth Management LLC lowered its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 62.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,863 shares of the company’s stock after selling 9,801 shares during the period. 49 Wealth Management LLC owned about 0.10% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $331,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JPEM. Kingsview Wealth Management LLC lifted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 8.3% during the 1st quarter. Kingsview Wealth Management LLC now owns 33,365 shares of the company’s stock valued at $1,759,000 after acquiring an additional 2,566 shares during the period. BKM Wealth Management LLC lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 5.1% in the 1st quarter. BKM Wealth Management LLC now owns 21,462 shares of the company’s stock valued at $1,131,000 after purchasing an additional 1,047 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 8.1% during the first quarter. Avantax Advisory Services Inc. now owns 193,921 shares of the company’s stock worth $10,224,000 after acquiring an additional 14,519 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 2.2% during the first quarter. LPL Financial LLC now owns 299,036 shares of the company’s stock worth $15,765,000 after purchasing an additional 6,512 shares during the last quarter. Finally, L & S Advisors Inc boosted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 10.2% in the 1st quarter. L & S Advisors Inc now owns 7,175 shares of the company’s stock worth $378,000 after buying an additional 663 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Up 0.2%

JPEM stock opened at $60.37 on Monday. The business has a fifty day simple moving average of $59.19 and a 200-day simple moving average of $57.29. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $47.92 and a 52 week high of $60.59. The company has a market cap of $362.22 million, a price-to-earnings ratio of 11.40 and a beta of 0.52.

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.