JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM Shares Sold by Precedent Wealth Partners LLC

Precedent Wealth Partners LLC cut its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 62.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,743 shares of the company’s stock after selling 9,519 shares during the period. Precedent Wealth Partners LLC owned about 0.10% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $339,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Allworth Financial LP boosted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 1.2% in the second quarter. Allworth Financial LP now owns 17,487 shares of the company’s stock valued at $986,000 after purchasing an additional 203 shares during the last quarter. Barnes Pettey Financial Advisors LLC raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.1% in the 2nd quarter. Barnes Pettey Financial Advisors LLC now owns 8,056 shares of the company’s stock valued at $454,000 after purchasing an additional 239 shares in the last quarter. Potentia Wealth boosted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.6% during the 2nd quarter. Potentia Wealth now owns 10,173 shares of the company’s stock valued at $574,000 after buying an additional 358 shares during the last quarter. Focus Financial Network Inc. boosted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.8% during the 3rd quarter. Focus Financial Network Inc. now owns 25,356 shares of the company’s stock valued at $1,496,000 after buying an additional 450 shares during the last quarter. Finally, Accel Wealth Management grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.5% during the second quarter. Accel Wealth Management now owns 15,989 shares of the company’s stock worth $902,000 after buying an additional 542 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.4%

Shares of NYSEARCA:JPEM opened at $61.26 on Tuesday. The firm has a market cap of $367.56 million, a PE ratio of 11.40 and a beta of 0.52. The company has a fifty day simple moving average of $60.26 and a 200 day simple moving average of $58.49. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $47.92 and a 12-month high of $62.52.

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. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.