JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Shares Sold by KWB Wealth

KWB Wealth lowered its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 3.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,270 shares of the company’s stock after selling 460 shares during the quarter. KWB Wealth owned approximately 0.37% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $1,415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. N.E.W. Advisory Services LLC grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 134.9% during the fourth quarter. N.E.W. Advisory Services LLC now owns 34,084 shares of the company’s stock worth $3,132,000 after acquiring an additional 19,576 shares during the last quarter. Dynamic Advisor Solutions LLC grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 36.0% during the first quarter. Dynamic Advisor Solutions LLC now owns 69,406 shares of the company’s stock worth $6,881,000 after acquiring an additional 18,361 shares during the last quarter. Cosner Financial Group LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the fourth quarter worth approximately $592,000. Harbour Investments Inc. grew its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 5,281.5% in the 3rd quarter. Harbour Investments Inc. now owns 6,404 shares of the company’s stock valued at $536,000 after buying an additional 6,285 shares during the last quarter. Finally, CIC Wealth LLC purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 4th quarter valued at $429,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.1 %

NYSEARCA:JPME traded up $0.10 during midday trading on Thursday, reaching $94.84. The stock had a trading volume of 5,656 shares, compared to its average volume of 12,138. The firm has a fifty day simple moving average of $96.09 and a two-hundred day simple moving average of $94.45. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12-month low of $79.21 and a 12-month high of $99.16. The stock has a market cap of $363.24 million, a P/E ratio of 15.11 and a beta of 0.87.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile

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.