LPL Financial LLC Has $92.41 Million Stock Holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

LPL Financial LLC increased its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 38.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,528,202 shares of the company’s stock after acquiring an additional 427,626 shares during the period. LPL Financial LLC owned about 8.14% of JPMorgan Market Expansion Enhanced Equity ETF worth $92,410,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC boosted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 70.0% during 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 in the last quarter. IFP Advisors Inc boosted its stake in JPMorgan Market Expansion Enhanced Equity ETF by 32.5% in the 4th quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $58,000 after buying an additional 234 shares in the last quarter. Adamsbrown Wealth Consultants LLC bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at $233,000. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF during the fourth quarter worth $233,000. Finally, Breakwater Capital Group lifted its holdings 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 period.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

JMEE opened at $57.50 on Wednesday. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 17.82 and a beta of 1.22. The firm’s 50-day simple moving average is $59.99 and its 200-day simple moving average is $61.25. JPMorgan Market Expansion Enhanced Equity ETF has a twelve month low of $54.16 and a twelve month high of $66.89.

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.