National Bank of Canada FI Makes New Investment in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

National Bank of Canada FI acquired a new stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 43,365 shares of the company’s stock, valued at approximately $2,622,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Stifel Financial Corp lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 15.5% in the 3rd quarter. Stifel Financial Corp now owns 61,227 shares of the company’s stock valued at $3,732,000 after acquiring an additional 8,234 shares during the last quarter. MML Investors Services LLC bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the third quarter valued at approximately $349,000. Asset Allocation Strategies LLC bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the third quarter valued at approximately $1,261,000. Arete Wealth Advisors LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the third quarter valued at approximately $394,000. Finally, Advisory Resource Group bought a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the third quarter worth approximately $14,955,000.

JPMorgan Market Expansion Enhanced Equity ETF Stock Down 1.3 %

NYSEARCA:JMEE opened at $50.18 on Tuesday. The firm has a market capitalization of $1.50 billion, a P/E ratio of 17.82 and a beta of 1.22. The company has a fifty day moving average of $58.55 and a 200 day moving average of $60.99. JPMorgan Market Expansion Enhanced Equity ETF has a 52 week low of $48.18 and a 52 week high of $66.89.

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.