Segall Bryant & Hamill LLC Reduces Stock Position in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Segall Bryant & Hamill LLC cut its stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 161,593 shares of the company’s stock after selling 6,329 shares during the quarter. Segall Bryant & Hamill LLC owned about 2.89% of JPMorgan Diversified Return Emerging Markets Equity ETF worth $8,384,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in JPEM. Continuum Advisory LLC increased its holdings in JPMorgan Diversified Return Emerging Markets Equity ETF by 13.8% during the 3rd quarter. Continuum Advisory LLC now owns 1,591 shares of the company’s stock worth $85,000 after acquiring an additional 193 shares during the period. Stifel Financial Corp grew its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 16.4% during the 3rd quarter. Stifel Financial Corp now owns 4,625 shares of the company’s stock valued at $262,000 after purchasing an additional 651 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.9% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 4,657 shares of the company’s stock worth $242,000 after purchasing an additional 301 shares during the period. Perigon Wealth Management LLC purchased a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the fourth quarter worth $260,000. Finally, MONECO Advisors LLC bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the fourth quarter valued at $409,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Down 0.4 %

JPMorgan Diversified Return Emerging Markets Equity ETF stock opened at $53.08 on Thursday. The business has a 50-day simple moving average of $52.72 and a 200 day simple moving average of $53.58. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52 week low of $50.60 and a 52 week high of $57.88. The stock has a market cap of $318.48 million, a price-to-earnings ratio of 11.11 and a beta of 0.71.

JPMorgan Diversified Return Emerging Markets Equity ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be given a $0.2314 dividend. The ex-dividend date of this dividend is Tuesday, March 25th.

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.