Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME – Get Free Report) were up 0.4% on Monday. The stock traded as high as $121.39 and last traded at $120.98. Approximately 6,376 shares changed hands during trading, a decline of 49% from the average daily volume of 12,437 shares. The stock had previously closed at $120.47.
JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Down 0.4%
The stock’s 50-day moving average price is $125.23 and its 200-day moving average price is $122.56. The company has a market capitalization of $469.78 million, a P/E ratio of 17.00 and a beta of 0.88.
Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Mid Cap Equity ETF
Institutional investors and hedge funds have recently bought and sold shares of the business. Modern Wealth Management LLC acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the first quarter worth about $2,523,000. Bluedoor Private Wealth LLC acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the fourth quarter worth $686,000. Entelevest LLC bought a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 4th quarter valued at about $483,000. McLaughlin Asset Management Inc. bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the fourth quarter valued at approximately $448,000. Finally, Janney Montgomery Scott LLC acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the first quarter worth $271,000.
JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile
The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.
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