Advisory Resource Group Buys New Stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Advisory Resource Group acquired a new stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 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 investment portfolio, making the stock its 5th largest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Syntegra Private Wealth Group LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 3rd quarter valued at $48,809,000. LPL Financial LLC grew its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 23.8% in the second quarter. LPL Financial LLC now owns 823,727 shares of the company’s stock worth $46,656,000 after purchasing an additional 158,402 shares during the last quarter. CWM LLC increased its stake in JPMorgan Market Expansion Enhanced Equity ETF by 56.1% in the 3rd quarter. CWM LLC now owns 346,824 shares of the company’s stock worth $21,142,000 after buying an additional 124,646 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 315.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 153,904 shares of the company’s stock valued at $8,717,000 after buying an additional 116,830 shares in the last quarter. Finally, Flynn Zito Capital Management LLC purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the 2nd quarter valued at about $6,434,000.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

Shares of NYSEARCA:JMEE opened at $64.43 on Wednesday. The firm’s 50 day simple moving average is $62.91 and its 200-day simple moving average is $59.83. JPMorgan Market Expansion Enhanced Equity ETF has a one year low of $50.97 and a one year high of $66.89. The firm has a market cap of $1.21 billion, a PE ratio of 15.13 and a beta of 1.07.

JPMorgan Market Expansion Enhanced Equity ETF 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.