Lakeridge Wealth Management LLC Raises Stock Holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Lakeridge Wealth Management LLC increased its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 71,738 shares of the company’s stock after purchasing an additional 8,025 shares during the quarter. JPMorgan Market Expansion Enhanced Equity ETF makes up 2.2% of Lakeridge Wealth Management LLC’s holdings, making the stock its 12th largest position. Lakeridge Wealth Management LLC owned 0.38% of JPMorgan Market Expansion Enhanced Equity ETF worth $4,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently made changes to their positions in JMEE. Syntegra Private Wealth Group LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 3rd quarter worth $48,809,000. Total Wealth Planning LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 4th quarter worth $20,288,000. Advisory Resource Group purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the third quarter valued at about $14,955,000. B & T Capital Management DBA Alpha Capital Management purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at about $11,223,000. Finally, Strategic Financial Concepts LLC purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at about $8,258,000.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

JPMorgan Market Expansion Enhanced Equity ETF stock opened at $61.74 on Friday. The stock has a 50-day moving average of $62.04 and a two-hundred day moving average of $61.33. JPMorgan Market Expansion Enhanced Equity ETF has a one year low of $53.95 and a one year high of $66.89. The stock has a market cap of $1.16 billion, a PE ratio of 15.13 and a beta of 1.07.

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.