Cwm LLC Increases Position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Cwm LLC lifted its stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 56.1% in the 3rd quarter, Holdings Channel reports. The firm owned 346,824 shares of the company’s stock after purchasing an additional 124,646 shares during the quarter. Cwm LLC’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $21,142,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. acquired a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the first quarter valued at $60,000. Aspire Wealth Management Corp grew its stake in JPMorgan Market Expansion Enhanced Equity ETF by 63.3% in the 1st quarter. Aspire Wealth Management Corp now owns 1,999 shares of the company’s stock valued at $117,000 after acquiring an additional 775 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in JPMorgan Market Expansion Enhanced Equity ETF during the 1st quarter valued at about $215,000. Ascent Group LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF during the second quarter worth about $221,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter valued at about $232,000.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

Shares of JMEE opened at $60.38 on Friday. JPMorgan Market Expansion Enhanced Equity ETF has a 1-year low of $45.17 and a 1-year high of $61.53. The stock has a market cap of $1.13 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07. The firm has a 50 day simple moving average of $59.09 and a 200-day simple moving average of $57.85.

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.