JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM Shares Sold by Tactive Advisors LLC

Tactive Advisors LLC lessened its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 41.7% during the 1st quarter, Holdings Channel reports. The firm owned 76,635 shares of the company’s stock after selling 54,789 shares during the quarter. JPMorgan Diversified Return Emerging Markets Equity ETF comprises approximately 1.3% of Tactive Advisors LLC’s investment portfolio, making the stock its 16th largest position. Tactive Advisors LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $4,761,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of JPEM. LPL Financial LLC raised its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 5.2% in the fourth quarter. LPL Financial LLC now owns 417,623 shares of the company’s stock worth $25,362,000 after buying an additional 20,768 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of 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 last quarter. Cetera Investment Advisers grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.7% during the fourth quarter. Cetera Investment Advisers now owns 236,262 shares of the company’s stock valued at $14,348,000 after buying an additional 3,865 shares during the last quarter. SAM Advisors LLC grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 0.6% during the fourth quarter. SAM Advisors LLC now owns 194,578 shares of the company’s stock valued at $11,817,000 after buying an additional 1,198 shares during the last quarter. Finally, KWB Wealth increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1.1% in the 4th quarter. KWB Wealth now owns 159,191 shares of the company’s stock valued at $9,668,000 after acquiring an additional 1,716 shares during the period.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

NYSEARCA JPEM opened at $65.02 on Monday. The company has a market cap of $390.12 million, a price-to-earnings ratio of 11.40 and a beta of 0.46. The stock’s fifty day moving average price is $64.96 and its 200 day moving average price is $63.67. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $54.96 and a 1 year high of $67.40.

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.