American Money Management LLC Boosts Holdings in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

American Money Management LLC grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 3.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 188,972 shares of the company’s stock after purchasing an additional 6,708 shares during the period. JPMorgan Diversified Return Emerging Markets Equity ETF makes up about 1.9% of American Money Management LLC’s investment portfolio, making the stock its 15th largest position. American Money Management LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $9,963,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Arlington Trust Co LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the first quarter valued at approximately $47,000. Private Trust Co. NA increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 106.2% in the first quarter. Private Trust Co. NA now owns 1,623 shares of the company’s stock worth $86,000 after buying an additional 836 shares during the last quarter. Vident Advisory LLC bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter worth $207,000. L & S Advisors Inc increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 10.2% in the first quarter. L & S Advisors Inc now owns 7,175 shares of the company’s stock worth $378,000 after buying an additional 663 shares during the last quarter. Finally, Kelly Financial Group LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.0% in the first quarter. Kelly Financial Group LLC now owns 8,453 shares of the company’s stock worth $446,000 after buying an additional 480 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Up 0.4%

Shares of NYSEARCA:JPEM opened at $58.26 on Thursday. The company has a fifty day simple moving average of $56.57 and a 200 day simple moving average of $54.37. The firm has a market cap of $337.91 million, a PE ratio of 11.40 and a beta of 0.71. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $47.92 and a 12-month high of $58.50.

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.