Modus Advisors LLC Grows Position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Modus Advisors LLC boosted its position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 164.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,780 shares of the company’s stock after buying an additional 5,464 shares during the quarter. Modus Advisors LLC’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $531,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. grew its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 76.0% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,760 shares of the company’s stock worth $99,000 after buying an additional 760 shares during the last quarter. Ascent Group LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter worth $221,000. Dynamic Advisor Solutions LLC increased its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 10.9% during the third quarter. Dynamic Advisor Solutions LLC now owns 4,541 shares of the company’s stock valued at $277,000 after acquiring an additional 445 shares in the last quarter. Cornerstone Wealth Management LLC increased its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 27.5% during the third quarter. Cornerstone Wealth Management LLC now owns 5,268 shares of the company’s stock valued at $321,000 after acquiring an additional 1,135 shares in the last quarter. Finally, MN Wealth Advisors LLC boosted its stake in JPMorgan Market Expansion Enhanced Equity ETF by 7.3% in the 3rd quarter. MN Wealth Advisors LLC now owns 5,443 shares of the company’s stock worth $332,000 after purchasing an additional 370 shares in the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

JMEE stock traded up $0.34 during trading on Friday, hitting $60.68. 66,000 shares of the stock traded hands, compared to its average volume of 56,778. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07. JPMorgan Market Expansion Enhanced Equity ETF has a 1 year low of $51.51 and a 1 year high of $66.89. The firm’s 50 day moving average is $63.16 and its two-hundred day moving average is $60.38.

JPMorgan Market Expansion Enhanced Equity ETF 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.