Cerity Partners LLC Grows Stock Position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Cerity Partners LLC raised its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 1.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 692,280 shares of the company’s stock after buying an additional 11,183 shares during the quarter. Cerity Partners LLC owned approximately 18.08% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $72,717,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Harbour Investments Inc. grew its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 11.7% during the 3rd quarter. Harbour Investments Inc. now owns 6,689 shares of the company’s stock valued at $703,000 after buying an additional 699 shares during the period. 1900 Wealth Management LLC grew its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 14.0% during the third quarter. 1900 Wealth Management LLC now owns 53,606 shares of the company’s stock valued at $5,314,000 after acquiring an additional 6,572 shares during the period. First Trust Direct Indexing L.P. acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth about $211,000. Gateway Wealth Partners LLC raised its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.7% in the 3rd quarter. Gateway Wealth Partners LLC now owns 47,708 shares of the company’s stock worth $5,011,000 after purchasing an additional 811 shares during the period. Finally, Private Advisor Group LLC lifted its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 5.7% in the 3rd quarter. Private Advisor Group LLC now owns 16,735 shares of the company’s stock valued at $1,758,000 after purchasing an additional 909 shares in the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of NYSEARCA:JPME opened at $109.93 on Friday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $85.84 and a 1 year high of $109.96. The stock has a 50-day simple moving average of $105.35 and a 200-day simple moving average of $100.60. The stock has a market capitalization of $421.04 million, a P/E ratio of 15.11 and a beta of 0.87.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.