JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Shares Sold by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC reduced its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 18.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,527 shares of the company’s stock after selling 9,284 shares during the period. N.E.W. Advisory Services LLC’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $4,255,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of JPME. Asset Dedication LLC acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth about $25,000. First Trust Direct Indexing L.P. acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth about $211,000. Fifth Third Securities Inc. increased its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.6% in the 4th quarter. Fifth Third Securities Inc. now owns 4,734 shares of the company’s stock worth $485,000 after purchasing an additional 118 shares in the last quarter. Nottingham Advisors Inc. purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter worth about $578,000. Finally, Zega Financial LLC purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter worth about $660,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Down 1.0 %

Shares of JPME opened at $105.62 on Friday. The business’s 50-day moving average price is $105.90 and its 200 day moving average price is $103.84. The stock has a market capitalization of $404.52 million, a P/E ratio of 15.11 and a beta of 0.87. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1-year low of $89.99 and a 1-year high of $111.55.

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.