JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Shares Acquired by Avestar Capital LLC

Avestar Capital LLC raised its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 56.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 70,210 shares of the company’s stock after buying an additional 25,374 shares during the quarter. Avestar Capital LLC owned about 1.25% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $3,643,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% in the third quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock valued at $67,000 after buying an additional 1,061 shares in the last quarter. Continuum Advisory LLC grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% in the third quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock valued at $85,000 after purchasing an additional 193 shares during the period. Truist Financial Corp acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the second quarter valued at $224,000. Stifel Financial Corp lifted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% during the third quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock worth $262,000 after buying an additional 651 shares during the period. Finally, Perigon Wealth Management LLC purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter worth about $260,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

JPEM opened at $52.76 on Thursday. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12 month low of $50.60 and a 12 month high of $57.88. The business has a 50-day moving average of $52.65 and a two-hundred day moving average of $53.90. The stock has a market capitalization of $295.46 million, a price-to-earnings ratio of 9.08 and a beta of 0.58.

JPMorgan Diversified Return Emerging Markets Equity ETF 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.