Cornerstone Wealth Management LLC Has $414,000 Stock Holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Cornerstone Wealth Management LLC lifted its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 30.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,853 shares of the company’s stock after buying an additional 1,585 shares during the period. Cornerstone Wealth Management LLC’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $414,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of JMEE. Thrivent Financial for Lutherans lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 42.1% in the 2nd quarter. Thrivent Financial for Lutherans now owns 9,144 shares of the company’s stock valued at $518,000 after acquiring an additional 2,709 shares during the last quarter. Ascent Group LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the second quarter valued at about $221,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 315.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 153,904 shares of the company’s stock valued at $8,717,000 after purchasing an additional 116,830 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 116.5% during the second quarter. Cetera Investment Advisers now owns 86,803 shares of the company’s stock worth $4,917,000 after purchasing an additional 46,704 shares during the last quarter. Finally, Summit Wealth Partners LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 2nd quarter valued at approximately $574,000.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

NYSEARCA:JMEE opened at $63.17 on Friday. JPMorgan Market Expansion Enhanced Equity ETF has a one year low of $52.40 and a one year high of $66.89. The company has a market cap of $1.19 billion, a PE ratio of 15.13 and a beta of 1.07. The firm’s 50 day simple moving average is $62.93 and its 200 day simple moving average is $61.02.

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.