Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME – Get Free Report) dropped 1.5% during mid-day trading on Friday . The stock traded as low as $118.49 and last traded at $118.50. Approximately 5,507 shares traded hands during trading, a decline of 58% from the average daily volume of 13,236 shares. The stock had previously closed at $120.28.
JPMorgan Diversified Return U.S. Mid Cap Equity ETF Price Performance
The company has a market capitalization of $426.60 million, a PE ratio of 17.00 and a beta of 0.89. The company’s fifty day moving average is $117.45 and its 200-day moving average is $113.68.
Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Mid Cap Equity ETF
Several institutional investors and hedge funds have recently bought and sold shares of JPME. Royal Bank of Canada grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.0% in the first quarter. Royal Bank of Canada now owns 45,070 shares of the company’s stock worth $4,533,000 after purchasing an additional 902 shares during the last quarter. Ameriprise Financial Inc. purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the second quarter worth $490,000. MML Investors Services LLC grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 10.9% in the second quarter. MML Investors Services LLC now owns 10,355 shares of the company’s stock worth $1,074,000 after purchasing an additional 1,020 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 46.5% in the third quarter. Jones Financial Companies Lllp now owns 96,016 shares of the company’s stock worth $10,371,000 after purchasing an additional 30,474 shares during the last quarter. Finally, Appleton Partners Inc. MA grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 1.4% in the third quarter. Appleton Partners Inc. MA now owns 89,679 shares of the company’s stock worth $9,725,000 after purchasing an additional 1,202 shares during the last quarter.
JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile
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.
See Also
- Five stocks we like better than JPMorgan Diversified Return U.S. Mid Cap Equity ETF
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
- Japan’s Stealth Bull Market: How U.S. Investors Can Get Exposure
- 3 Stocks to Own If Gas Prices Keep Rising
- 3 Crucial Aerospace Component Makers That Analysts Love
Receive News & Ratings for JPMorgan Diversified Return U.S. Mid Cap Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Diversified Return U.S. Mid Cap Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
