HighTower Advisors LLC Acquires 530 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

HighTower Advisors LLC boosted its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 0.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 292,701 shares of the company’s stock after buying an additional 530 shares during the period. HighTower Advisors LLC owned approximately 0.08% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $29,993,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in JPME. Stifel Financial Corp grew its holdings 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 in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 15,516 shares of the company’s stock worth $1,630,000 after purchasing an additional 4,950 shares in the last quarter. Principal Securities Inc. grew its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 108.5% during the 4th quarter. Principal Securities Inc. now owns 1,793 shares of the company’s stock worth $184,000 after purchasing an additional 933 shares in the last quarter. LWM Advisory Services LLC grew its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 9.9% during the 4th quarter. LWM Advisory Services LLC now owns 15,522 shares of the company’s stock worth $1,591,000 after purchasing an additional 1,400 shares in the last quarter. Finally, Sanctuary Advisors LLC boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.4% in the 4th quarter. Sanctuary Advisors LLC now owns 45,578 shares of the company’s stock valued at $4,862,000 after buying an additional 626 shares in the last quarter.

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

Shares of JPME stock opened at $99.79 on Friday. The stock’s fifty day simple moving average is $103.99 and its 200 day simple moving average is $104.74. The firm has a market cap of $387.19 million, a price-to-earnings ratio of 18.00 and a beta of 1.06. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a one year low of $92.45 and a one year 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.