Sovran Advisors LLC Sells 52,142 Shares of JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

Sovran Advisors LLC reduced its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 83.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,280 shares of the company’s stock after selling 52,142 shares during the period. Sovran Advisors LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $649,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Accel Wealth Management lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 118.4% during the 3rd quarter. Accel Wealth Management now owns 34,927 shares of the company’s stock valued at $2,061,000 after purchasing an additional 18,938 shares during the last quarter. Tactive Advisors LLC lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 33.9% during the 4th quarter. Tactive Advisors LLC now owns 131,424 shares of the company’s stock valued at $7,981,000 after purchasing an additional 33,291 shares during the last quarter. Kingsview Wealth Management LLC lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 24.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 44,651 shares of the company’s stock valued at $2,634,000 after purchasing an additional 8,861 shares during the last quarter. Potentia Wealth lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 3.6% during the 2nd quarter. Potentia Wealth now owns 10,173 shares of the company’s stock valued at $574,000 after purchasing an additional 358 shares during the last quarter. Finally, Avantax Planning Partners Inc. lifted its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 2.8% during the 3rd quarter. Avantax Planning Partners Inc. now owns 124,688 shares of the company’s stock valued at $7,356,000 after purchasing an additional 3,398 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Up 0.1%

Shares of JPEM stock opened at $62.35 on Tuesday. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $47.92 and a 12-month high of $67.40. The company has a market capitalization of $374.10 million, a P/E ratio of 11.40 and a beta of 0.52. The firm has a 50-day moving average price of $64.03 and a 200 day moving average price of $61.75.

JPMorgan Diversified Return Emerging Markets Equity ETF Profile

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.