LPL Financial LLC Purchases 427,626 Shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

LPL Financial LLC grew its position in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 38.9% during the fourth quarter, Holdings Channel reports. The fund owned 1,528,202 shares of the company’s stock after purchasing an additional 427,626 shares during the period. LPL Financial LLC owned approximately 0.08% of JPMorgan Market Expansion Enhanced Equity ETF worth $92,410,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cozad Asset Management Inc. grew its stake in JPMorgan Market Expansion Enhanced Equity ETF by 37.0% in the fourth quarter. Cozad Asset Management Inc. now owns 12,812 shares of the company’s stock worth $775,000 after purchasing an additional 3,457 shares during the period. Creative Financial Designs Inc. ADV boosted its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 11.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 78,667 shares of the company’s stock valued at $4,757,000 after buying an additional 8,380 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 12.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 11,739 shares of the company’s stock worth $710,000 after buying an additional 1,278 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 6.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 138,619 shares of the company’s stock worth $8,382,000 after acquiring an additional 8,829 shares in the last quarter. Finally, Avantax Advisory Services Inc. purchased a new position in JPMorgan Market Expansion Enhanced Equity ETF during the 4th quarter valued at about $1,415,000.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

NYSEARCA:JMEE opened at $57.50 on Wednesday. The firm has a market capitalization of $1.72 billion, a P/E ratio of 17.82 and a beta of 1.22. JPMorgan Market Expansion Enhanced Equity ETF has a one year low of $54.16 and a one year high of $66.89. The company’s 50-day simple moving average is $59.99 and its 200 day simple moving average is $61.25.

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.