Cedar Point Capital Partners LLC Has $1.40 Million Stock Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Cedar Point Capital Partners LLC increased its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 2.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,723 shares of the company’s stock after purchasing an additional 641 shares during the period. JPMorgan Diversified Return Emerging Markets Equity ETF makes up approximately 1.0% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 25th largest holding. Cedar Point Capital Partners LLC owned about 0.44% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $1,400,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 1,591,288.7% during the third quarter. International Assets Investment Management LLC now owns 2,673,533 shares of the company’s stock worth $151,400,000 after purchasing an additional 2,673,365 shares in the last quarter. Strategic Financial Concepts LLC increased its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 980.2% in the second quarter. Strategic Financial Concepts LLC now owns 495,640 shares of the company’s stock worth $268,000 after acquiring an additional 449,756 shares in the last quarter. Prime Capital Investment Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter worth about $8,376,000. Jane Street Group LLC grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 286.8% in the 1st quarter. Jane Street Group LLC now owns 95,839 shares of the company’s stock valued at $5,122,000 after purchasing an additional 71,060 shares during the period. Finally, 49 Wealth Management LLC increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 12.3% during the 1st quarter. 49 Wealth Management LLC now owns 439,758 shares of the company’s stock worth $23,552,000 after purchasing an additional 48,115 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of JPEM opened at $53.81 on Friday. The firm has a market cap of $301.35 million, a P/E ratio of 9.08 and a beta of 0.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a twelve month low of $48.95 and a twelve month high of $57.88. The firm’s 50 day moving average price is $55.08 and its two-hundred day moving average price is $54.97.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

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.