3Chopt Investment Partners LLC Takes $486,000 Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

3Chopt Investment Partners LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 8,993 shares of the company’s stock, valued at approximately $486,000.

Several other large investors have also recently added to or reduced their stakes in the company. Walkner Condon Financial Advisors LLC lifted its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.8% during the 2nd quarter. Walkner Condon Financial Advisors LLC now owns 4,197 shares of the company’s stock worth $227,000 after acquiring an additional 269 shares during the period. BKM Wealth Management LLC lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 2.1% during the first quarter. BKM Wealth Management LLC now owns 13,116 shares of the company’s stock worth $701,000 after purchasing an additional 270 shares during the period. Commonwealth Equity Services LLC lifted its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 0.4% during the first quarter. Commonwealth Equity Services LLC now owns 71,653 shares of the company’s stock worth $3,830,000 after purchasing an additional 296 shares during the period. Accel Wealth Management boosted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 3.2% during the second quarter. Accel Wealth Management now owns 15,750 shares of the company’s stock valued at $852,000 after purchasing an additional 495 shares in the last quarter. Finally, Visionary Wealth Advisors grew its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.8% in the 4th quarter. Visionary Wealth Advisors now owns 17,610 shares of the company’s stock valued at $921,000 after purchasing an additional 640 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Down 0.2 %

Shares of JPEM opened at $56.51 on Wednesday. The stock has a market cap of $316.48 million, a PE ratio of 9.08 and a beta of 0.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $47.37 and a 1 year high of $57.25. The stock has a 50 day simple moving average of $54.64 and a 200-day simple moving average of $54.73.

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.