Cetera Investment Advisers Grows Stock Position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Cetera Investment Advisers increased its position in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 116.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 86,803 shares of the company’s stock after purchasing an additional 46,704 shares during the quarter. Cetera Investment Advisers owned approximately 0.46% of JPMorgan Market Expansion Enhanced Equity ETF worth $4,917,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 23.8% during the 2nd quarter. LPL Financial LLC now owns 823,727 shares of the company’s stock worth $46,656,000 after purchasing an additional 158,402 shares during the last quarter. CGC Financial Services LLC acquired a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the second quarter worth $18,144,000. CWM LLC raised its position in JPMorgan Market Expansion Enhanced Equity ETF by 42.1% in the second quarter. CWM LLC now owns 222,178 shares of the company’s stock valued at $12,584,000 after purchasing an additional 65,828 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 315.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 153,904 shares of the company’s stock valued at $8,717,000 after purchasing an additional 116,830 shares during the last quarter. Finally, Choice Wealth Advisors LLC purchased a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 2nd quarter worth $8,218,000.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 0.1 %

Shares of NYSEARCA:JMEE opened at $60.30 on Wednesday. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07. JPMorgan Market Expansion Enhanced Equity ETF has a 12-month low of $45.17 and a 12-month high of $61.53. The business has a 50-day moving average price of $59.06 and a 200 day moving average price of $57.80.

About JPMorgan Market Expansion Enhanced Equity ETF

The JPMorgan Market Expansion Enhanced Equity ETF (JMEE) is an exchange-traded fund that is based on the S&P 1000 index. The fund is an actively managed portfolio of small- and mid-cap US stocks and REITs. The fund uses a proprietary selection and weighting criteria, aiming to modestly outperform the total return of the S&P 1000 Index.