JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM Shares Sold by Schiavi & Co LLC

Schiavi & Co LLC trimmed its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 14.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 46,252 shares of the company’s stock after selling 7,795 shares during the period. JPMorgan Diversified Return Emerging Markets Equity ETF accounts for approximately 0.9% of Schiavi & Co LLC’s holdings, making the stock its 10th largest holding. Schiavi & Co LLC’s holdings in JPMorgan Diversified Return Emerging Markets Equity ETF were worth $2,809,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in JPEM. CWM LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter worth approximately $59,000. Farther Finance Advisors LLC increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 126.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,248 shares of the company’s stock worth $76,000 after purchasing an additional 696 shares in the last quarter. First Horizon Corp purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter worth approximately $83,000. Litman Gregory Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter worth approximately $133,000. Finally, LOM Asset Management Ltd increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 15.1% during the fourth quarter. LOM Asset Management Ltd now owns 3,055 shares of the company’s stock worth $186,000 after purchasing an additional 400 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of JPEM opened at $64.80 on Friday. JPMorgan Diversified Return Emerging Markets Equity ETF has a one year low of $54.39 and a one year high of $67.40. The stock has a market capitalization of $388.80 million, a price-to-earnings ratio of 11.40 and a beta of 0.46. The stock has a 50 day moving average price of $64.72 and a 200 day moving average price of $63.48.

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.