Accel Wealth Management Purchases 21,808 Shares of JPMorgan Diversified Return Emerging Markets Equity ETF $JPEM

Accel Wealth Management purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 21,808 shares of the company’s stock, valued at approximately $1,381,000. Accel Wealth Management owned about 0.37% of JPMorgan Diversified Return Emerging Markets Equity ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Avantax Planning Partners Inc. boosted its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 0.9% during the first quarter. Avantax Planning Partners Inc. now owns 123,594 shares of the company’s stock valued at $7,678,000 after purchasing an additional 1,049 shares during the last quarter. Tactive Advisors LLC purchased a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the third quarter valued at about $3,360,000. BKM Wealth Management LLC grew its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 5.0% in the first quarter. BKM Wealth Management LLC now owns 31,826 shares of the company’s stock valued at $1,977,000 after purchasing an additional 1,520 shares in the last quarter. Focus Financial Network Inc. increased its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 3.5% in the 2nd quarter. Focus Financial Network Inc. now owns 27,875 shares of the company’s stock worth $1,750,000 after purchasing an additional 936 shares during the last quarter. Finally, Birchwood Financial Partners Inc. acquired a new position in JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter worth about $1,745,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Up 0.2%

Shares of JPEM traded up $0.10 during midday trading on Tuesday, reaching $64.58. 11,033 shares of the stock were exchanged, compared to its average volume of 21,624. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $58.32 and a 12-month high of $67.53. The firm has a 50 day simple moving average of $65.45 and a 200-day simple moving average of $64.57. The company has a market cap of $381.02 million, a price-to-earnings ratio of 11.40 and a beta of 0.47.

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.