Richard P Slaughter Associates Inc Purchases 515 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Richard P Slaughter Associates Inc increased its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 3.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,710 shares of the company’s stock after acquiring an additional 515 shares during the period. Richard P Slaughter Associates Inc owned about 0.36% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $1,405,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of JPME. KWB Wealth increased its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 6.2% during the 4th quarter. KWB Wealth now owns 16,494 shares of the company’s stock valued at $1,733,000 after purchasing an additional 961 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.8% in the third quarter. JPMorgan Chase & Co. now owns 15,516 shares of the company’s stock valued at $1,630,000 after acquiring an additional 4,950 shares during the last quarter. Zega Financial LLC bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter valued at approximately $660,000. Stifel Financial Corp increased its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 15.8% during the 3rd quarter. Stifel Financial Corp now owns 10,006 shares of the company’s stock worth $1,051,000 after purchasing an additional 1,368 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 0.4% in the 3rd quarter. HighTower Advisors LLC now owns 292,171 shares of the company’s stock worth $30,698,000 after purchasing an additional 1,246 shares during the period.

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

JPME stock opened at $103.75 on Wednesday. The stock has a fifty day moving average of $106.21 and a 200-day moving average of $103.03. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a fifty-two week low of $89.30 and a fifty-two week high of $111.55. The company has a market capitalization of $397.36 million, a price-to-earnings ratio of 15.11 and a beta of 0.87.

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