American Money Management LLC Boosts Holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

American Money Management LLC increased its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 5.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 182,264 shares of the company’s stock after purchasing an additional 8,981 shares during the period. JPMorgan Diversified Return Emerging Markets Equity ETF makes up about 1.8% of American Money Management LLC’s holdings, making the stock its 17th biggest holding. American Money Management LLC owned approximately 3.25% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $9,456,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. L & S Advisors Inc grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 6.1% during the 4th quarter. L & S Advisors Inc now owns 6,512 shares of the company’s stock worth $338,000 after acquiring an additional 373 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 11.1% during the fourth quarter. JPMorgan Chase & Co. now owns 73,495 shares of the company’s stock valued at $3,813,000 after purchasing an additional 7,341 shares during the period. Potentia Wealth bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter worth approximately $268,000. LPL Financial LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.7% in the fourth quarter. LPL Financial LLC now owns 292,524 shares of the company’s stock worth $15,177,000 after buying an additional 1,988 shares during the period. Finally, Virtu Financial LLC bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter valued at $2,238,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Down 0.8 %

Shares of JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $52.82 on Friday. The company’s fifty day simple moving average is $52.77 and its two-hundred day simple moving average is $53.57. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $50.60 and a 12-month high of $57.88. The firm has a market cap of $316.92 million, a PE ratio of 11.11 and a beta of 0.71.

JPMorgan Diversified Return Emerging Markets Equity ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.2314 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.