Comerica Bank Grows Stock Holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Comerica Bank raised its position in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 16.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,648 shares of the company’s stock after purchasing an additional 230 shares during the period. Comerica Bank’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $100,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. raised its position in JPMorgan Market Expansion Enhanced Equity ETF by 12.2% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 11,739 shares of the company’s stock valued at $710,000 after purchasing an additional 1,278 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth about $9,715,000. IFP Advisors Inc increased its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 32.5% in the fourth 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. Avantax Advisory Services Inc. purchased a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth about $1,415,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 22.4% in the fourth quarter. Envestnet Asset Management Inc. now owns 109,417 shares of the company’s stock worth $6,616,000 after buying an additional 20,060 shares during the period.

JPMorgan Market Expansion Enhanced Equity ETF Trading Up 1.0%

JMEE opened at $58.79 on Monday. The company has a market cap of $1.82 billion, a P/E ratio of 16.24 and a beta of 1.20. The business’s 50-day moving average price is $54.71 and its 200-day moving average price is $59.52. JPMorgan Market Expansion Enhanced Equity ETF has a 12 month low of $48.18 and a 12 month high of $66.89.

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.