Prime Capital Investment Advisors LLC Has $8.83 Million Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Prime Capital Investment Advisors LLC raised its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 0.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 155,892 shares of the company’s stock after acquiring an additional 1,019 shares during the period. Prime Capital Investment Advisors LLC owned about 2.78% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $8,828,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of JPEM. Farther Finance Advisors LLC lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% during the 3rd 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 during the period. Continuum Advisory LLC boosted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 92.8% in the second quarter. Continuum Advisory LLC now owns 1,398 shares of the company’s stock valued at $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 during the 2nd quarter valued at $83,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the second quarter valued at $144,000. Finally, Beverly Hills Private Wealth LLC bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the second quarter worth about $208,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

NYSEARCA:JPEM opened at $53.54 on Wednesday. The stock’s fifty day moving average price is $55.03 and its two-hundred day moving average price is $55.02. The company has a market cap of $299.82 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 $49.21 and a 52-week high of $57.88.

JPMorgan Diversified Return Emerging Markets Equity ETF Company 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.