JPMorgan Chase & Co. Has $642.35 Million Stock Holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

JPMorgan Chase & Co. reduced its holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 0.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 10,622,631 shares of the company’s stock after selling 74,429 shares during the quarter. JPMorgan Chase & Co. owned approximately 56.59% of JPMorgan Market Expansion Enhanced Equity ETF worth $642,351,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Steward Partners Investment Advisory LLC grew its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 70.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 799 shares of the company’s stock valued at $48,000 after buying an additional 329 shares during the last quarter. IFP Advisors Inc increased its position in JPMorgan Market Expansion Enhanced Equity ETF by 32.5% during the 4th quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $58,000 after purchasing an additional 234 shares during the period. Adamsbrown Wealth Consultants LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF during the 4th quarter worth approximately $233,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the 4th quarter valued at $233,000. Finally, Breakwater Capital Group increased its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 6.0% during the fourth quarter. Breakwater Capital Group now owns 4,002 shares of the company’s stock worth $242,000 after buying an additional 225 shares during the period.

JPMorgan Market Expansion Enhanced Equity ETF Stock Down 1.9 %

JMEE stock opened at $55.73 on Friday. The company’s fifty day simple moving average is $59.65 and its 200 day simple moving average is $61.18. JPMorgan Market Expansion Enhanced Equity ETF has a 12-month low of $54.16 and a 12-month high of $66.89. The firm has a market cap of $1.67 billion, a price-to-earnings ratio of 17.82 and a beta of 1.22.

JPMorgan Market Expansion Enhanced Equity ETF Company 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.