Gallacher Capital Management LLC Grows Holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Gallacher Capital Management LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,926 shares of the company’s stock after acquiring an additional 291 shares during the period. JPMorgan Diversified Return U.S. Mid Cap Equity ETF accounts for about 0.8% of Gallacher Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. Gallacher Capital Management LLC owned about 0.38% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $1,371,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cambridge Investment Research Advisors Inc. increased its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 24.9% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 19,732 shares of the company’s stock valued at $1,651,000 after purchasing an additional 3,934 shares in the last quarter. Private Advisor Group LLC lifted its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 6.1% in the 3rd quarter. Private Advisor Group LLC now owns 12,750 shares of the company’s stock valued at $1,066,000 after acquiring an additional 737 shares in the last quarter. Atria Wealth Solutions Inc. boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.1% during the 3rd quarter. Atria Wealth Solutions Inc. now owns 10,363 shares of the company’s stock valued at $867,000 after purchasing an additional 315 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 68.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 22,004 shares of the company’s stock valued at $1,841,000 after purchasing an additional 8,952 shares during the last quarter. Finally, KWB Wealth bought a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 4th quarter worth $1,353,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of JPME traded up $0.51 during mid-day trading on Friday, hitting $95.16. 13,682 shares of the company traded hands, compared to its average volume of 13,345. The stock has a market cap of $366.37 million, a price-to-earnings ratio of 14.72 and a beta of 0.87. The stock has a 50-day moving average price of $95.81 and a two-hundred day moving average price of $91.07. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $79.21 and a 1 year high of $99.16.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

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.