ZEGA Investments LLC Takes $456,000 Position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

ZEGA Investments LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,270 shares of the company’s stock, valued at approximately $456,000. ZEGA Investments LLC owned about 0.11% of JPMorgan Diversified Return U.S. Mid Cap Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Steward Partners Investment Advisory LLC bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 4th quarter valued at approximately $106,000. Principal Securities Inc. boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 108.5% during the 4th quarter. Principal Securities Inc. now owns 1,793 shares of the company’s stock valued at $184,000 after acquiring an additional 933 shares during the last quarter. Fifth Third Securities Inc. boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.6% during the 4th quarter. Fifth Third Securities Inc. now owns 4,734 shares of the company’s stock valued at $485,000 after acquiring an additional 118 shares during the last quarter. Zega Financial LLC bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter valued at approximately $660,000. Finally, Harbour Investments Inc. raised its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 2.6% during the 4th quarter. Harbour Investments Inc. now owns 6,863 shares of the company’s stock valued at $703,000 after buying an additional 174 shares during the period.

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

NYSEARCA:JPME opened at $100.32 on Friday. The stock’s fifty day moving average is $103.80 and its 200 day moving average is $104.67. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a fifty-two week low of $92.45 and a fifty-two week high of $111.55. The firm has a market capitalization of $389.24 million, a PE ratio of 18.00 and a beta of 1.06.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

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.