Prime Capital Investment Advisors LLC Takes Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Prime Capital Investment Advisors LLC acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 154,873 shares of the company’s stock, valued at approximately $8,376,000. Prime Capital Investment Advisors LLC owned about 2.77% of JPMorgan Diversified Return Emerging Markets Equity ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 1st quarter worth $65,000. Continuum Advisory LLC raised its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 92.8% during the second quarter. Continuum Advisory LLC now owns 1,398 shares of the company’s stock valued at $76,000 after purchasing an additional 673 shares in the last quarter. Key Financial Inc purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter valued at about $83,000. Financial Gravity Asset Management Inc. bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter worth about $144,000. Finally, Concourse Financial Group Securities Inc. boosted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 29.5% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 2,820 shares of the company’s stock worth $151,000 after purchasing an additional 643 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.9 %

Shares of NYSEARCA JPEM opened at $54.36 on Monday. The stock’s 50-day moving average is $54.56 and its 200 day moving average is $54.57. The stock has a market cap of $304.42 million, a price-to-earnings ratio of 9.08 and a beta of 0.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1-year low of $47.37 and a 1-year high of $57.22.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

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.