49 Wealth Management LLC Sells 17,391 Shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

49 Wealth Management LLC decreased its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 32.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,759 shares of the company’s stock after selling 17,391 shares during the period. 49 Wealth Management LLC owned approximately 0.66% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $2,082,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Farther Finance Advisors LLC increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% during the third 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 in the last quarter. Continuum Advisory LLC grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 92.8% during the second quarter. Continuum Advisory LLC now owns 1,398 shares of the company’s stock worth $76,000 after buying an additional 673 shares in the last quarter. Key Financial Inc acquired a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the 2nd quarter valued at approximately $83,000. Financial Gravity Asset Management Inc. bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the 2nd quarter valued at approximately $144,000. Finally, Beverly Hills Private Wealth LLC bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 2nd quarter worth approximately $208,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $53.46 on Friday. The company has a market cap of $299.39 million, a price-to-earnings ratio of 9.08 and a beta of 0.58. The firm has a 50-day moving average of $54.95 and a 200-day moving average of $54.95. JPMorgan Diversified Return Emerging Markets Equity ETF has a one year low of $50.73 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.