Riggs Capital Management LLC Acquires Shares of 27,107 JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM)

Riggs Capital Management LLC purchased a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 27,107 shares of the company’s stock, valued at approximately $1,406,000. JPMorgan Diversified Return Emerging Markets Equity ETF makes up approximately 1.4% of Riggs Capital Management LLC’s investment portfolio, making the stock its 20th biggest holding.

Other large investors have also bought and sold shares of the company. Stifel Financial Corp lifted its position in 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 during the period. Potentia Wealth bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter worth approximately $268,000. MML Investors Services LLC increased its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 3.9% in the third quarter. MML Investors Services LLC now owns 8,236 shares of the company’s stock valued at $466,000 after acquiring an additional 306 shares during the last quarter. MONECO Advisors LLC acquired a new stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter valued at approximately $409,000. Finally, Virtu Financial LLC bought a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter valued at about $2,238,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Price Performance

NYSEARCA:JPEM opened at $52.82 on Monday. The firm’s fifty day moving average price is $52.77 and its two-hundred day moving average price is $53.57. The company has a market cap of $316.92 million, a P/E ratio of 11.11 and a beta of 0.71. JPMorgan Diversified Return Emerging Markets Equity ETF has a one year low of $50.60 and a one year high of $57.88.

JPMorgan Diversified Return Emerging Markets Equity ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.2314 dividend. The ex-dividend date was 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.