RVW Wealth LLC Decreases Stock Position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

RVW Wealth LLC trimmed its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 72,808 shares of the company’s stock after selling 564 shares during the quarter. RVW Wealth LLC owned 1.90% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $7,461,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the second quarter worth approximately $4,262,000. KWB Wealth increased its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 8.9% in the 3rd quarter. KWB Wealth now owns 15,533 shares of the company’s stock worth $1,632,000 after purchasing an additional 1,263 shares during the last quarter. Richard P Slaughter Associates Inc raised its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 6.2% in the 3rd quarter. Richard P Slaughter Associates Inc now owns 13,195 shares of the company’s stock valued at $1,386,000 after purchasing an additional 773 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 35.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 96,541 shares of the company’s stock worth $10,141,000 after purchasing an additional 25,191 shares in the last quarter. Finally, Asset Dedication LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth $25,000.

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

NYSEARCA JPME opened at $105.99 on Thursday. The company has a 50-day simple moving average of $105.98 and a 200-day simple moving average of $103.81. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a one year low of $89.99 and a one year high of $111.55. The firm has a market capitalization of $405.92 million, a PE ratio of 15.11 and a beta of 0.87.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

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.