JPMorgan Chase & Co. Sells 74,429 Shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

JPMorgan Chase & Co. cut its position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,622,631 shares of the company’s stock after selling 74,429 shares during the period. JPMorgan Chase & Co. owned 0.57% of JPMorgan Market Expansion Enhanced Equity ETF worth $642,351,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Benjamin Edwards Inc. acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF during the third quarter worth $1,368,000. Stifel Financial Corp lifted its position in JPMorgan Market Expansion Enhanced Equity ETF by 15.5% in the 3rd quarter. Stifel Financial Corp now owns 61,227 shares of the company’s stock valued at $3,732,000 after acquiring an additional 8,234 shares in the last quarter. MML Investors Services LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF during the 3rd quarter valued at about $349,000. Asset Allocation Strategies LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the third quarter worth approximately $1,261,000. Finally, Arete Wealth Advisors LLC purchased a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF during the third quarter valued at approximately $394,000.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 1.9 %

Shares of NYSEARCA:JMEE opened at $55.73 on Friday. JPMorgan Market Expansion Enhanced Equity ETF has a 1-year low of $54.16 and a 1-year high of $66.89. The stock has a market cap of $1.67 billion, a PE ratio of 17.82 and a beta of 1.22. The stock’s fifty day simple moving average is $59.65 and its two-hundred day simple moving average is $61.18.

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.