JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Shares Sold by Trilogy Capital Inc.

Trilogy Capital Inc. cut its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 5.0% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 119,513 shares of the company’s stock after selling 6,313 shares during the quarter. Trilogy Capital Inc. owned 3.06% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF worth $11,848,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in JPME. Principal Securities Inc. acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 4th quarter worth approximately $46,000. Benjamin F. Edwards & Company Inc. increased its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 169.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 670 shares of the company’s stock valued at $62,000 after purchasing an additional 421 shares during the last quarter. EverSource Wealth Advisors LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 4th quarter valued at approximately $185,000. Sanctuary Wealth Management L.L.C. increased its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 21.3% in the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 2,275 shares of the company’s stock valued at $209,000 after purchasing an additional 399 shares during the last quarter. Finally, CIC Wealth LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 4th quarter valued at approximately $429,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of NYSEARCA:JPME traded up $0.15 during trading hours on Friday, reaching $95.20. The stock had a trading volume of 6,553 shares, compared to its average volume of 12,249. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $79.21 and a 1 year high of $99.16. The firm’s 50 day moving average is $96.09 and its 200-day moving average is $94.38. The stock has a market capitalization of $364.61 million, a price-to-earnings ratio of 15.11 and a beta of 0.87.

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.