28,714 Shares in JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM Acquired by Focus Financial Network Inc.

Focus Financial Network Inc. purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) in the third quarter, Holdings Channel.com reports. The firm purchased 28,714 shares of the company’s stock, valued at approximately $1,818,000.

Several other institutional investors also recently modified their holdings of JPEM. Richards Merrill & Peterson Inc. bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 1st quarter worth $53,000. Farther Finance Advisors LLC purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the 3rd quarter valued at about $132,000. Western Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the first quarter valued at approximately $178,000. Assetmark Inc. bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF in the 1st quarter worth $194,000. Finally, RVW Wealth LLC bought a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter worth about $239,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

JPEM opened at $64.07 on Thursday. The stock’s 50 day moving average price is $65.40 and its 200-day moving average price is $64.61. The stock has a market capitalization of $378.01 million, a PE ratio of 11.40 and a beta of 0.47. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52-week low of $58.89 and a 52-week 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.