Raymond James Financial Inc. Makes New $4.73 Million Investment in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Raymond James Financial Inc. purchased a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 91,207 shares of the company’s stock, valued at approximately $4,732,000. Raymond James Financial Inc. owned about 1.63% of JPMorgan Diversified Return Emerging Markets Equity ETF as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of JPEM. Stifel Financial Corp grew its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% in the 3rd quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock worth $262,000 after purchasing an additional 651 shares during the last quarter. Signet Financial Management LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 9.7% during the fourth quarter. Signet Financial Management LLC now owns 12,256 shares of the company’s stock valued at $636,000 after acquiring an additional 1,079 shares during the period. KWB Wealth raised its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 3.9% in the 4th quarter. KWB Wealth now owns 145,704 shares of the company’s stock valued at $8,251,000 after acquiring an additional 5,451 shares in the last quarter. Occidental Asset Management LLC lifted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 12.8% in the 4th quarter. Occidental Asset Management LLC now owns 26,020 shares of the company’s stock worth $1,350,000 after acquiring an additional 2,949 shares during the period. Finally, Amplius Wealth Advisors LLC grew its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.9% during the 4th quarter. Amplius Wealth Advisors LLC now owns 103,650 shares of the company’s stock worth $5,378,000 after purchasing an additional 6,682 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Down 0.4 %

JPEM opened at $53.26 on Friday. The stock has a market cap of $319.56 million, a PE ratio of 10.68 and a beta of 0.57. JPMorgan Diversified Return Emerging Markets Equity ETF has a 1 year low of $47.92 and a 1 year high of $57.88. The stock’s 50 day simple moving average is $52.26 and its 200-day simple moving average is $52.96.

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.