HighTower Advisors LLC Increases Stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF $JPME

HighTower Advisors LLC increased its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 8.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 338,574 shares of the company’s stock after acquiring an additional 24,973 shares during the quarter. HighTower Advisors LLC owned about 0.10% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $36,789,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 825.7% during the fourth quarter. N.E.W. Advisory Services LLC now owns 7,711 shares of the company’s stock worth $838,000 after purchasing an additional 6,878 shares during the last quarter. Empirical Asset Management LLC purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the third quarter worth approximately $1,070,000. Cassilly Financial Group LLC purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the fourth quarter worth approximately $1,666,000. Jones Financial Companies Lllp lifted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.5% during the third quarter. Jones Financial Companies Lllp now owns 96,016 shares of the company’s stock worth $10,371,000 after purchasing an additional 30,474 shares during the last quarter. Finally, ProCore Advisors LLC purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the fourth quarter worth approximately $226,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 0.5%

JPME stock opened at $120.45 on Friday. The business has a 50 day moving average price of $117.74 and a 200 day moving average price of $114.07. The stock has a market cap of $433.62 million, a price-to-earnings ratio of 17.00 and a beta of 0.89. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a fifty-two week low of $99.58 and a fifty-two week high of $122.86.

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

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.