Schiavi & Co LLC Grows Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Schiavi & Co LLC increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 27.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 55,848 shares of the company’s stock after buying an additional 12,188 shares during the quarter. JPMorgan Diversified Return Emerging Markets Equity ETF makes up 1.1% of Schiavi & Co LLC’s investment portfolio, making the stock its 8th largest holding. Schiavi & Co LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $2,898,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JPEM. Continuum Advisory LLC lifted its holdings 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 worth $85,000 after buying an additional 193 shares during the last quarter. Walkner Condon Financial Advisors LLC increased its position in 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 worth $242,000 after acquiring an additional 301 shares during the period. Perigon Wealth Management LLC acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter valued at $260,000. Stifel Financial Corp boosted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% in the 3rd quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock valued at $262,000 after purchasing an additional 651 shares during the period. Finally, Potentia Wealth acquired a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth $268,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of JPEM opened at $50.33 on Friday. The company has a 50-day simple moving average of $52.42 and a 200-day simple moving average of $53.28. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $47.92 and a 52 week high of $57.88. The firm has a market capitalization of $301.98 million, a P/E ratio of 11.11 and a beta of 0.71.

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.