Arete Wealth Advisors LLC Boosts Position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Arete Wealth Advisors LLC lifted its position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 43.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,326 shares of the company’s stock after purchasing an additional 2,833 shares during the quarter. Arete Wealth Advisors LLC’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $565,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JMEE. Steward Partners Investment Advisory LLC grew its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 70.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 799 shares of the company’s stock valued at $48,000 after buying an additional 329 shares during the period. IFP Advisors Inc increased its stake in JPMorgan Market Expansion Enhanced Equity ETF by 32.5% during the fourth quarter. IFP Advisors Inc now owns 953 shares of the company’s stock worth $58,000 after acquiring an additional 234 shares during the last quarter. Adamsbrown Wealth Consultants LLC purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at $233,000. Twin Peaks Wealth Advisors LLC purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at $233,000. Finally, Breakwater Capital Group lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 6.0% in the 4th quarter. Breakwater Capital Group now owns 4,002 shares of the company’s stock valued at $242,000 after purchasing an additional 225 shares during the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 4.6 %

Shares of NYSEARCA:JMEE opened at $50.84 on Friday. The business has a 50-day moving average price of $58.79 and a 200 day moving average price of $61.06. JPMorgan Market Expansion Enhanced Equity ETF has a 12-month low of $49.87 and a 12-month high of $66.89. The company has a market capitalization of $1.52 billion, a price-to-earnings ratio of 17.82 and a beta of 1.22.

About JPMorgan Market Expansion Enhanced Equity ETF

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.