Potentia Wealth Takes $268,000 Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Potentia Wealth purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,156 shares of the company’s stock, valued at approximately $268,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Stifel Financial Corp lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% in the 3rd quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock valued at $262,000 after purchasing an additional 651 shares during the period. MML Investors Services LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 3.9% during the 3rd quarter. MML Investors Services LLC now owns 8,236 shares of the company’s stock valued at $466,000 after purchasing an additional 306 shares in the last quarter. MONECO Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth about $409,000. Virtu Financial LLC purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter valued at $2,238,000. Finally, Strategic Financial Concepts LLC raised its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 346.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 40,357 shares of the company’s stock valued at $2,094,000 after purchasing an additional 31,320 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:JPEM opened at $53.28 on Tuesday. JPMorgan Diversified Return Emerging Markets Equity ETF has a fifty-two week low of $50.60 and a fifty-two week high of $57.88. The company’s 50-day moving average is $52.65 and its 200 day moving average is $53.59. The company has a market capitalization of $319.68 million, a P/E ratio of 11.08 and a beta of 0.71.

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.