Raymond James Financial Inc. Buys Shares of 160,658 JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Raymond James Financial Inc. bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 160,658 shares of the company’s stock, valued at approximately $9,715,000. Raymond James Financial Inc. owned approximately 0.86% of JPMorgan Market Expansion Enhanced Equity ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in JMEE. Syntegra Private Wealth Group LLC lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 2.4% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 820,004 shares of the company’s stock valued at $49,586,000 after buying an additional 19,327 shares during the period. CGC Financial Services LLC lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 4.4% in the fourth quarter. CGC Financial Services LLC now owns 341,282 shares of the company’s stock valued at $20,637,000 after buying an additional 14,227 shares during the period. Wagner Wealth Management LLC lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 8.0% in the fourth quarter. Wagner Wealth Management LLC now owns 335,962 shares of the company’s stock valued at $20,316,000 after buying an additional 24,874 shares during the period. Total Wealth Planning LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at $20,288,000. Finally, Advisory Resource Group lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 3.8% in the fourth quarter. Advisory Resource Group now owns 254,602 shares of the company’s stock valued at $15,396,000 after buying an additional 9,285 shares during the period.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 0.6 %

JMEE opened at $56.28 on Friday. JPMorgan Market Expansion Enhanced Equity ETF has a 1-year low of $54.16 and a 1-year high of $66.89. The company has a market cap of $1.71 billion, a P/E ratio of 17.61 and a beta of 1.22. The company has a fifty day moving average price of $60.12 and a two-hundred day moving average price of $61.21.

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.