Tactive Advisors LLC Decreases Holdings in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

Tactive Advisors LLC trimmed its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 63.5% during the second quarter, HoldingsChannel reports. The firm owned 27,970 shares of the company’s stock after selling 48,665 shares during the quarter. Tactive Advisors LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $1,756,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% during the third quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock valued at $19,061,000 after buying an additional 111,074 shares during the period. Marshall Wace LLP grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1,848.5% during the 2nd quarter. Marshall Wace LLP now owns 87,740 shares of the company’s stock valued at $4,949,000 after acquiring an additional 83,237 shares during the period. Birchwood Financial Partners Inc. bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter valued at approximately $1,745,000. Strategic Financial Concepts LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 560.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 30,551 shares of the company’s stock worth $1,855,000 after purchasing an additional 25,924 shares during the last quarter. Finally, Wells Fargo & Company MN increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 27.8% during the 4th quarter. Wells Fargo & Company MN now owns 114,207 shares of the company’s stock worth $6,936,000 after purchasing an additional 24,838 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.8%

JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $65.89 on Friday. The business’s 50 day simple moving average is $63.95 and its 200 day simple moving average is $64.26. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12 month low of $57.20 and a 12 month high of $67.40. The company has a market cap of $395.34 million, a price-to-earnings ratio of 11.40 and a beta of 0.47.

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. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.