Teamwork Financial Advisors LLC Has $13 Million Stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME)

Teamwork Financial Advisors LLC boosted its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 7.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 126,823 shares of the company’s stock after buying an additional 8,693 shares during the period. JPMorgan Diversified Return U.S. Mid Cap Equity ETF accounts for about 1.7% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 23rd largest holding. Teamwork Financial Advisors LLC’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $12,996,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Asset Dedication LLC acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth about $25,000. First Trust Direct Indexing L.P. acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth about $211,000. Nottingham Advisors Inc. acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth about $578,000. Zega Financial LLC acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth about $660,000. Finally, Harbour Investments Inc. grew its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 11.7% during the 3rd quarter. Harbour Investments Inc. now owns 6,689 shares of the company’s stock worth $703,000 after acquiring an additional 699 shares during the period.

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

Shares of JPME opened at $106.72 on Thursday. The stock has a 50-day moving average of $105.99 and a 200-day moving average of $103.45. The company has a market cap of $408.74 million, a PE ratio of 15.11 and a beta of 0.87. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a one year low of $89.99 and a one year high of $111.55.

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