Independent Advisor Alliance Takes Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Independent Advisor Alliance purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 62,363 shares of the company’s stock, valued at approximately $3,236,000. Independent Advisor Alliance owned approximately 1.11% of JPMorgan Diversified Return Emerging Markets Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% during the third quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock valued at $67,000 after acquiring an additional 1,061 shares in the last quarter. Continuum Advisory LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% during the third quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock valued at $85,000 after acquiring an additional 193 shares in the last quarter. Walkner Condon Financial Advisors LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.9% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 4,657 shares of the company’s stock valued at $242,000 after acquiring an additional 301 shares in the last quarter. Perigon Wealth Management LLC bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter valued at approximately $260,000. Finally, Stifel Financial Corp raised its stake in shares of 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 valued at $262,000 after acquiring an additional 651 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $52.60 on Thursday. The company has a 50 day moving average price of $52.33 and a 200-day moving average price of $53.66. JPMorgan Diversified Return Emerging Markets Equity ETF has a fifty-two week low of $50.60 and a fifty-two week high of $57.88. The company has a market capitalization of $315.60 million, a PE ratio of 11.08 and a beta of 0.71.

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.