EdgeRock Capital LLC Purchases New Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

EdgeRock Capital LLC purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,899 shares of the company’s stock, valued at approximately $411,000. EdgeRock Capital LLC owned about 0.13% of JPMorgan Diversified Return Emerging Markets Equity ETF at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JPEM. Paradigm Financial Partners LLC lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 17.2% in the fourth quarter. Paradigm Financial Partners LLC now owns 8,710 shares of the company’s stock worth $455,000 after purchasing an additional 1,278 shares during the last quarter. SRS Capital Advisors Inc. bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter worth about $32,000. RHS Financial LLC lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 8.2% in the fourth quarter. RHS Financial LLC now owns 105,093 shares of the company’s stock worth $5,495,000 after purchasing an additional 7,995 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 11.0% in the third quarter. Commonwealth Equity Services LLC now owns 42,939 shares of the company’s stock worth $2,163,000 after purchasing an additional 4,255 shares during the last quarter. Finally, Bond & Devick Financial Network Inc. lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 26.4% in the fourth quarter. Bond & Devick Financial Network Inc. now owns 13,264 shares of the company’s stock worth $694,000 after purchasing an additional 2,770 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

NYSEARCA JPEM traded down $0.15 during trading on Tuesday, hitting $55.53. The stock had a trading volume of 22,715 shares, compared to its average volume of 32,058. The stock has a market capitalization of $322.09 million, a price-to-earnings ratio of 8.68 and a beta of 0.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a one year low of $47.37 and a one year high of $55.75. The stock has a 50 day simple moving average of $53.89 and a 200 day simple moving average of $52.28.

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.