Advisory Resource Group Makes New $14.96 Million Investment in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Advisory Resource Group purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 245,317 shares of the company’s stock, valued at approximately $14,955,000. JPMorgan Market Expansion Enhanced Equity ETF comprises approximately 3.2% of Advisory Resource Group’s portfolio, making the stock its 5th largest holding. Advisory Resource Group owned 1.31% of JPMorgan Market Expansion Enhanced Equity ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Dynamic Advisor Solutions LLC acquired a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the 2nd quarter worth approximately $232,000. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 148.4% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 9,135 shares of the company’s stock worth $517,000 after purchasing an additional 5,457 shares during the period. Triad Wealth Partners LLC grew its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 18.6% in the second quarter. Triad Wealth Partners LLC now owns 62,270 shares of the company’s stock worth $3,527,000 after purchasing an additional 9,768 shares during the last quarter. Atria Wealth Solutions Inc. increased its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 62.1% in the second quarter. Atria Wealth Solutions Inc. now owns 14,242 shares of the company’s stock valued at $807,000 after purchasing an additional 5,457 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 59.0% in the second quarter. Concourse Financial Group Securities Inc. now owns 32,977 shares of the company’s stock worth $1,868,000 after acquiring an additional 12,240 shares during the period.

JPMorgan Market Expansion Enhanced Equity ETF Stock Down 0.5 %

JMEE opened at $64.43 on Wednesday. JPMorgan Market Expansion Enhanced Equity ETF has a twelve month low of $50.97 and a twelve month high of $66.89. The company has a fifty day moving average of $62.91 and a 200-day moving average of $59.83. The stock has a market cap of $1.21 billion, a PE ratio of 15.13 and a beta of 1.07.

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.