Smith Moore & CO. Makes New Investment in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Smith Moore & CO. purchased a new position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEEFree Report) during the fourth quarter, HoldingsChannel reports. The firm purchased 19,848 shares of the company’s stock, valued at approximately $1,200,000.

Several other institutional investors also recently added to or reduced their stakes in JMEE. LPL Financial LLC grew its stake in JPMorgan Market Expansion Enhanced Equity ETF by 38.9% in the 4th quarter. LPL Financial LLC now owns 1,528,202 shares of the company’s stock worth $92,410,000 after acquiring an additional 427,626 shares in the last quarter. Total Wealth Planning LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth approximately $20,288,000. Advisory Resource Group purchased a new position in JPMorgan Market Expansion Enhanced Equity ETF during the 3rd quarter worth $14,955,000. B & T Capital Management DBA Alpha Capital Management bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the 4th quarter valued at $11,223,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the 4th quarter worth $9,715,000.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 4.6 %

Shares of JPMorgan Market Expansion Enhanced Equity ETF stock opened at $50.84 on Friday. The stock’s fifty day moving average price is $58.79 and its 200-day moving average price is $61.05. The firm has a market cap of $1.52 billion, a P/E ratio of 17.82 and a beta of 1.22. JPMorgan Market Expansion Enhanced Equity ETF has a 12 month low of $49.87 and a 12 month high of $66.89.

JPMorgan Market Expansion Enhanced Equity ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

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