Envestnet Asset Management Inc. Has $6.62 Million Stock Holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 22.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 109,417 shares of the company’s stock after buying an additional 20,060 shares during the period. Envestnet Asset Management Inc. owned about 0.58% of JPMorgan Market Expansion Enhanced Equity ETF worth $6,616,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Steward Partners Investment Advisory LLC raised its position in JPMorgan Market Expansion Enhanced Equity ETF by 70.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 799 shares of the company’s stock valued at $48,000 after purchasing an additional 329 shares during the last quarter. IFP Advisors Inc boosted its position in JPMorgan Market Expansion Enhanced Equity ETF by 32.5% during the 4th quarter. IFP Advisors Inc now owns 953 shares of the company’s stock worth $58,000 after buying an additional 234 shares during the period. Adamsbrown Wealth Consultants LLC bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the 4th quarter worth approximately $233,000. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 4th quarter valued at approximately $233,000. Finally, Breakwater Capital Group raised its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 6.0% during the fourth quarter. Breakwater Capital Group now owns 4,002 shares of the company’s stock valued at $242,000 after acquiring an additional 225 shares during the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

Shares of JMEE opened at $52.35 on Monday. The business has a 50-day moving average of $56.23 and a 200-day moving average of $60.32. JPMorgan Market Expansion Enhanced Equity ETF has a 1 year low of $48.18 and a 1 year high of $66.89. The company has a market capitalization of $1.56 billion, a price-to-earnings ratio of 16.00 and a beta of 1.20.

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.