Jones Financial Companies Lllp Raises Stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF $JPME

Jones Financial Companies Lllp raised its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 46.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 96,016 shares of the company’s stock after purchasing an additional 30,474 shares during the period. Jones Financial Companies Lllp’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $10,371,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of JPME. CoreCap Advisors LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth $445,000. Merit Financial Group LLC acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter valued at $307,000. Private Trust Co. NA lifted its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% during the 3rd quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock worth $126,000 after buying an additional 634 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 3.1% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 155,608 shares of the company’s stock worth $16,875,000 after buying an additional 4,649 shares during the last quarter. Finally, Osaic Holdings Inc. boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 22.5% during the 2nd quarter. Osaic Holdings Inc. now owns 11,990 shares of the company’s stock worth $1,244,000 after acquiring an additional 2,204 shares in the last quarter.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of NYSEARCA JPME opened at $115.75 on Thursday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a fifty-two week low of $87.85 and a fifty-two week high of $115.94. The firm has a market capitalization of $410.91 million, a PE ratio of 17.00 and a beta of 0.95. The stock’s 50-day simple moving average is $111.12 and its 200-day simple moving average is $108.50.

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

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.