Avantax Advisory Services Inc. Raises Stock Holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Avantax Advisory Services Inc. grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 17.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 179,402 shares of the company’s stock after purchasing an additional 26,307 shares during the quarter. Avantax Advisory Services Inc.’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $9,308,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JPEM. SAM Advisors LLC grew its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.0% during the 3rd quarter. SAM Advisors LLC now owns 176,024 shares of the company’s stock valued at $9,968,000 after acquiring an additional 1,757 shares during the period. Segall Bryant & Hamill LLC bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the 3rd quarter worth approximately $9,509,000. First Horizon Advisors Inc. boosted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 36.6% in the 3rd quarter. First Horizon Advisors Inc. now owns 101,157 shares of the company’s stock worth $5,728,000 after purchasing an additional 27,088 shares during the period. Citigroup Inc. boosted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.2% in the 3rd quarter. Citigroup Inc. now owns 85,621 shares of the company’s stock worth $4,849,000 after purchasing an additional 11,929 shares during the period. Finally, Kingsview Wealth Management LLC boosted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 9.2% in the 3rd quarter. Kingsview Wealth Management LLC now owns 30,028 shares of the company’s stock worth $1,700,000 after purchasing an additional 2,518 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

JPEM stock opened at $52.70 on Friday. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1-year low of $50.60 and a 1-year high of $57.88. The company has a market capitalization of $316.20 million, a price-to-earnings ratio of 11.08 and a beta of 0.71. The business has a 50 day simple moving average of $52.35 and a two-hundred day simple moving average of $53.66.

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.