Strategic Financial Concepts LLC Purchases 461,615 Shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Strategic Financial Concepts LLC boosted its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 5,108.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 470,652 shares of the company’s stock after acquiring an additional 461,615 shares during the period. Strategic Financial Concepts LLC owned 0.08% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $24,419,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% in the third quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock worth $67,000 after purchasing an additional 1,061 shares in the last quarter. Continuum Advisory LLC grew its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% in the 3rd quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock valued at $85,000 after buying an additional 193 shares in the last quarter. Truist Financial Corp bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the 2nd quarter valued at $224,000. Perigon Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter worth $260,000. Finally, Stifel Financial Corp boosted its holdings in shares of 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 worth $262,000 after acquiring an additional 651 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

NYSEARCA:JPEM opened at $52.56 on Friday. The business’s fifty day moving average is $52.69 and its 200 day moving average is $53.95. The firm has a market cap of $294.34 million, a price-to-earnings ratio of 9.08 and a beta of 0.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52-week low of $50.60 and a 52-week high of $57.88.

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.