Tactive Advisors LLC Acquires New Position in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

Tactive Advisors LLC bought a new position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) during the 3rd quarter, Holdings Channel.com reports. The firm bought 53,077 shares of the company’s stock, valued at approximately $3,360,000. JPMorgan Diversified Return Emerging Markets Equity ETF accounts for about 0.8% of Tactive Advisors LLC’s portfolio, making the stock its 29th largest holding.

Several other hedge funds also recently made changes to their positions in JPEM. Tiemann Investment Advisors LLC raised its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 1.0% in the fourth quarter. Tiemann Investment Advisors LLC now owns 37,457 shares of the company’s stock worth $2,275,000 after buying an additional 365 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the first quarter valued at approximately $53,000. Focus Financial Network Inc. increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.5% during the second quarter. Focus Financial Network Inc. now owns 27,875 shares of the company’s stock valued at $1,750,000 after acquiring an additional 936 shares in the last quarter. Avantax Planning Partners Inc. increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.9% during the first quarter. Avantax Planning Partners Inc. now owns 123,594 shares of the company’s stock valued at $7,678,000 after acquiring an additional 1,049 shares in the last quarter. Finally, SAM Advisors LLC raised its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 0.6% in the 4th quarter. SAM Advisors LLC now owns 194,578 shares of the company’s stock worth $11,817,000 after acquiring an additional 1,198 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Down 0.4%

JPEM stock traded down $0.28 during midday trading on Thursday, hitting $63.67. The company’s stock had a trading volume of 14,372 shares, compared to its average volume of 21,780. The company has a market cap of $375.67 million, a PE ratio of 11.40 and a beta of 0.47. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12 month low of $57.58 and a 12 month high of $67.53. The firm’s 50-day moving average is $65.49 and its 200-day moving average is $64.50.

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