Cedar Point Capital Partners LLC Has $1.33 Million Stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Cedar Point Capital Partners LLC grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,534 shares of the company’s stock after purchasing an additional 811 shares during the period. JPMorgan Diversified Return Emerging Markets Equity ETF makes up approximately 0.9% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 25th largest holding. Cedar Point Capital Partners LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $1,325,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of JPEM. Farther Finance Advisors LLC boosted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock worth $67,000 after acquiring an additional 1,061 shares during the last quarter. Continuum Advisory LLC lifted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% in the third quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock worth $85,000 after purchasing an additional 193 shares in the last quarter. Truist Financial Corp acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter worth $224,000. Stifel Financial Corp grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% in the third quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock valued at $262,000 after purchasing an additional 651 shares in the last quarter. Finally, Barnes Pettey Financial Advisors LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 49.3% in the 3rd quarter. Barnes Pettey Financial Advisors LLC now owns 7,782 shares of the company’s stock valued at $441,000 after buying an additional 2,570 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA:JPEM opened at $52.26 on Thursday. The stock has a market capitalization of $292.66 million, a PE ratio of 9.08 and a beta of 0.58. The company’s 50-day moving average price is $52.87 and its two-hundred day moving average price is $54.15. JPMorgan Diversified Return Emerging Markets Equity ETF has a one year low of $50.60 and a one year high of $57.88.

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.