Flynn Zito Capital Management LLC Purchases New Shares in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Flynn Zito Capital Management LLC acquired a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 113,595 shares of the company’s stock, valued at approximately $6,434,000. JPMorgan Market Expansion Enhanced Equity ETF accounts for 3.3% of Flynn Zito Capital Management LLC’s holdings, making the stock its 10th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of JMEE. CGC Financial Services LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF during the second quarter worth about $18,144,000. CWM LLC increased its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 42.1% during the second quarter. CWM LLC now owns 222,178 shares of the company’s stock worth $12,584,000 after purchasing an additional 65,828 shares during the period. Choice Wealth Advisors LLC acquired a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter valued at approximately $8,218,000. Stewardship Advisors LLC boosted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 15.1% in the second quarter. Stewardship Advisors LLC now owns 114,088 shares of the company’s stock valued at $6,462,000 after buying an additional 14,953 shares during the period. Finally, Triad Wealth Partners LLC grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 18.6% during the second quarter. Triad Wealth Partners LLC now owns 62,270 shares of the company’s stock worth $3,527,000 after buying an additional 9,768 shares in the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

Shares of NYSEARCA JMEE opened at $57.24 on Friday. The business has a fifty day moving average price of $58.35 and a two-hundred day moving average price of $57.21. The stock has a market capitalization of $1.07 billion, a PE ratio of 15.13 and a beta of 1.07. JPMorgan Market Expansion Enhanced Equity ETF has a fifty-two week low of $45.17 and a fifty-two week high of $61.53.

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.