Cetera Investment Advisers Has $13.07 Million Stock Position in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

Cetera Investment Advisers reduced its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 11.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 210,347 shares of the company’s stock after selling 25,915 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $13,068,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its position in 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 valued at $25,362,000 after purchasing an additional 20,768 shares during the period. Bank of America Corp DE boosted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% in the 3rd quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock valued at $19,061,000 after purchasing an additional 111,074 shares during the last quarter. SAM Advisors LLC grew its position 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. Focus Partners Wealth grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 5.9% during the 4th quarter. Focus Partners Wealth now owns 156,273 shares of the company’s stock worth $9,491,000 after buying an additional 8,681 shares during the period. Finally, Corient Private Wealth LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.9% during the second quarter. Corient Private Wealth LLC now owns 145,717 shares of the company’s stock worth $8,220,000 after buying an additional 2,752 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

JPEM opened at $63.68 on Thursday. The firm has a 50 day simple moving average of $63.84 and a 200 day simple moving average of $64.14. JPMorgan Diversified Return Emerging Markets Equity ETF has a fifty-two week low of $55.48 and a fifty-two week high of $67.40. The company has a market cap of $382.08 million, a price-to-earnings ratio of 11.40 and a beta of 0.47.

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.