Strategic Financial Concepts LLC Grows Stake in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

Strategic Financial Concepts LLC grew its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 560.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 30,551 shares of the company’s stock after acquiring an additional 25,924 shares during the period. JPMorgan Diversified Return Emerging Markets Equity ETF accounts for approximately 1.7% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its 17th biggest holding. Strategic Financial Concepts LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $1,855,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JPEM. Bank of America Corp DE lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% in the 3rd quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock worth $19,061,000 after buying an additional 111,074 shares during the period. Marshall Wace LLP raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1,848.5% in the 2nd quarter. Marshall Wace LLP now owns 87,740 shares of the company’s stock worth $4,949,000 after acquiring an additional 83,237 shares in the last quarter. Tactive Advisors LLC raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 33.9% in the 4th quarter. Tactive Advisors LLC now owns 131,424 shares of the company’s stock worth $7,981,000 after acquiring an additional 33,291 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 19.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 90,615 shares of the company’s stock worth $5,112,000 after acquiring an additional 15,043 shares in the last quarter. Finally, BKM Wealth Management LLC raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 49.5% in the 4th quarter. BKM Wealth Management LLC now owns 30,306 shares of the company’s stock worth $1,840,000 after acquiring an additional 10,039 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA:JPEM opened at $64.17 on Friday. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52-week low of $54.39 and a 52-week high of $67.40. The firm has a market capitalization of $385.02 million, a P/E ratio of 11.40 and a beta of 0.47. The stock has a 50 day moving average price of $63.88 and a 200-day moving average price of $63.06.

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.