Accel Wealth Management Buys New Stake in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

Accel Wealth Management bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 21,808 shares of the company’s stock, valued at approximately $1,381,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Avantax Planning Partners Inc. grew its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 0.9% during the first quarter. Avantax Planning Partners Inc. now owns 123,594 shares of the company’s stock valued at $7,678,000 after purchasing an additional 1,049 shares during the last quarter. Tactive Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth $3,360,000. BKM Wealth Management LLC lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 5.0% in the first quarter. BKM Wealth Management LLC now owns 31,826 shares of the company’s stock worth $1,977,000 after buying an additional 1,520 shares during the last quarter. Birchwood Financial Partners Inc. acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter worth $1,745,000. Finally, Focus Financial Network Inc. lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.5% in the second quarter. Focus Financial Network Inc. now owns 27,875 shares of the company’s stock worth $1,750,000 after buying an additional 936 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

Shares of NYSEARCA JPEM traded up $0.10 during trading hours on Tuesday, hitting $64.58. 11,033 shares of the stock were exchanged, compared to its average volume of 21,624. The company’s 50 day moving average is $65.45 and its 200 day moving average is $64.57. The firm has a market capitalization of $381.02 million, a P/E ratio of 11.40 and a beta of 0.47. JPMorgan Diversified Return Emerging Markets Equity ETF has a one year low of $58.32 and a one year high of $67.53.

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.