Cerity Partners LLC Trims Stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Cerity Partners LLC lessened its position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 5.1% in the third quarter, HoldingsChannel reports. The firm owned 163,570 shares of the company’s stock after selling 8,757 shares during the quarter. Cerity Partners LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $9,263,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC raised its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 862.6% in the third quarter. Farther Finance Advisors LLC now owns 1,184 shares of the company’s stock worth $67,000 after purchasing an additional 1,061 shares in the last quarter. Continuum Advisory LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 92.8% in the 2nd quarter. Continuum Advisory LLC now owns 1,398 shares of the company’s stock worth $76,000 after acquiring an additional 673 shares in the last quarter. Key Financial Inc purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF during the 2nd quarter valued at about $83,000. Financial Gravity Asset Management Inc. bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter worth about $144,000. Finally, Beverly Hills Private Wealth LLC purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the second quarter worth about $208,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA JPEM opened at $53.24 on Wednesday. The company has a 50 day simple moving average of $54.89 and a two-hundred day simple moving average of $54.89. JPMorgan Diversified Return Emerging Markets Equity ETF has a fifty-two week low of $50.73 and a fifty-two week high of $57.88. The company has a market capitalization of $298.15 million, a price-to-earnings ratio of 9.08 and a beta of 0.58.

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.