IFP Advisors Inc Grows Stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

IFP Advisors Inc grew its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 32.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 953 shares of the company’s stock after purchasing an additional 234 shares during the period. IFP Advisors Inc’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $58,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in JMEE. Adamsbrown Wealth Consultants LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 4th quarter worth approximately $233,000. Breakwater Capital Group increased its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 6.0% in the fourth quarter. Breakwater Capital Group now owns 4,002 shares of the company’s stock worth $242,000 after acquiring an additional 225 shares during the period. Global Retirement Partners LLC raised its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 12.8% during the fourth quarter. Global Retirement Partners LLC now owns 4,745 shares of the company’s stock worth $287,000 after purchasing an additional 540 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 17.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,326 shares of the company’s stock worth $322,000 after purchasing an additional 785 shares during the last quarter. Finally, Greenwood Capital Associates LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF during the fourth quarter valued at $327,000.

JPMorgan Market Expansion Enhanced Equity ETF Stock Down 1.6 %

JPMorgan Market Expansion Enhanced Equity ETF stock opened at $56.70 on Friday. JPMorgan Market Expansion Enhanced Equity ETF has a 52 week low of $54.16 and a 52 week high of $66.89. The firm has a market cap of $1.70 billion, a price-to-earnings ratio of 18.55 and a beta of 1.21. The business’s 50-day moving average price is $61.12 and its 200 day moving average price is $61.49.

JPMorgan Market Expansion Enhanced Equity ETF Profile

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.