JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM Shares Sold by Schiavi & Co LLC

Schiavi & Co LLC cut its stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 14.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 46,252 shares of the company’s stock after selling 7,795 shares during the quarter. JPMorgan Diversified Return Emerging Markets Equity ETF makes up approximately 0.9% of Schiavi & Co LLC’s investment portfolio, making the stock its 10th largest position. Schiavi & Co LLC owned approximately 0.75% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $2,809,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 5.2% during the 4th quarter. LPL Financial LLC now owns 417,623 shares of the company’s stock worth $25,362,000 after buying an additional 20,768 shares during the period. Bank of America Corp DE raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% during the 3rd quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock worth $19,061,000 after buying an additional 111,074 shares during the period. SAM Advisors LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.6% during the 4th quarter. SAM Advisors LLC now owns 194,578 shares of the company’s stock worth $11,817,000 after buying an additional 1,198 shares during the period. KWB Wealth raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.1% during the 4th quarter. KWB Wealth now owns 159,191 shares of the company’s stock worth $9,668,000 after buying an additional 1,716 shares during the period. Finally, Focus Partners Wealth raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 2.7% during the 3rd quarter. Focus Partners Wealth now owns 147,592 shares of the company’s stock worth $8,707,000 after buying an additional 3,835 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

Shares of JPEM stock opened at $64.80 on Friday. The company has a market cap of $388.80 million, a price-to-earnings ratio of 11.40 and a beta of 0.46. The stock has a 50 day simple moving average of $64.72 and a 200-day simple moving average of $63.48. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1-year low of $54.39 and a 1-year high of $67.40.

JPMorgan Diversified Return Emerging Markets Equity ETF 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. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.