MN Wealth Advisors LLC Cuts Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

MN Wealth Advisors LLC trimmed its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 9.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,341 shares of the company’s stock after selling 563 shares during the period. MN Wealth Advisors LLC owned about 0.10% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $277,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC increased its stake 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 buying an additional 1,061 shares during the period. Stifel Financial Corp increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% during the third quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock worth $262,000 after buying an additional 651 shares during the period. MML Investors Services LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.9% during the third quarter. MML Investors Services LLC now owns 8,236 shares of the company’s stock worth $466,000 after buying an additional 306 shares during the period. Cedar Point Capital Partners LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 2.7% during the third quarter. Cedar Point Capital Partners LLC now owns 24,723 shares of the company’s stock worth $1,400,000 after buying an additional 641 shares during the period. Finally, Truist Financial Corp purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter worth approximately $224,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

JPEM stock opened at $53.41 on Friday. The company’s 50 day moving average price is $52.59 and its 200 day moving average price is $53.88. JPMorgan Diversified Return Emerging Markets Equity ETF has a fifty-two week low of $50.60 and a fifty-two week high of $57.88. The firm has a market capitalization of $299.10 million, a price-to-earnings ratio of 9.08 and a beta of 0.58.

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.