Trilogy Capital Inc. Trims Stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Trilogy Capital Inc. decreased its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,328 shares of the company’s stock after selling 1,666 shares during the quarter. Trilogy Capital Inc. owned approximately 3.74% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $14,687,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in JPME. Asset Dedication LLC bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter valued at about $25,000. First Trust Direct Indexing L.P. purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth $211,000. Fifth Third Securities Inc. increased its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.6% during the fourth quarter. Fifth Third Securities Inc. now owns 4,734 shares of the company’s stock valued at $485,000 after acquiring an additional 118 shares during the last quarter. Nottingham Advisors Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter worth about $578,000. Finally, Zega Financial LLC purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter worth about $660,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.5 %

Shares of NYSEARCA:JPME opened at $105.68 on Thursday. The company has a market capitalization of $404.75 million, a price-to-earnings ratio of 15.11 and a beta of 0.87. The firm has a 50 day moving average of $105.58 and a 200 day moving average of $104.05. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52 week low of $90.08 and a 52 week high of $111.55.

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.