Sanctuary Advisors LLC Sells 14,725 Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF $JPME

Sanctuary Advisors LLC reduced its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) by 21.2% in the first quarter, HoldingsChannel reports. The fund owned 54,638 shares of the company’s stock after selling 14,725 shares during the period. Sanctuary Advisors LLC’s holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF were worth $6,258,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Fifth Third Bancorp bought a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the first quarter valued at approximately $33,000. Farther Finance Advisors LLC boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% in the 4th quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock worth $86,000 after purchasing an additional 619 shares in the last quarter. ProCore Advisors LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 4th quarter worth approximately $226,000. Luts & Greenleigh Group Inc. increased its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 20.2% during the 4th quarter. Luts & Greenleigh Group Inc. now owns 2,459 shares of the company’s stock valued at $267,000 after buying an additional 413 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the first quarter valued at $271,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Down 0.5%

Shares of NYSEARCA:JPME opened at $125.06 on Friday. The stock has a fifty day simple moving average of $122.81 and a two-hundred day simple moving average of $118.34. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12-month low of $102.91 and a 12-month high of $126.00. The stock has a market capitalization of $462.72 million, a price-to-earnings ratio of 17.00 and a beta of 0.88.

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.