National Bank of Canada FI Takes $2.62 Million Position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

National Bank of Canada FI bought a new position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 43,365 shares of the company’s stock, valued at approximately $2,622,000. National Bank of Canada FI owned approximately 0.23% of JPMorgan Market Expansion Enhanced Equity ETF as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Steward Partners Investment Advisory LLC lifted its holdings in shares of 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 worth $48,000 after buying an additional 329 shares during the last quarter. IFP Advisors Inc lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 32.5% during the 4th quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $58,000 after purchasing an additional 234 shares during the last quarter. Adamsbrown Wealth Consultants LLC bought a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at approximately $233,000. Twin Peaks Wealth Advisors LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth $233,000. Finally, Breakwater Capital Group lifted its position in JPMorgan Market Expansion Enhanced Equity ETF by 6.0% during the 4th quarter. Breakwater Capital Group now owns 4,002 shares of the company’s stock worth $242,000 after buying an additional 225 shares in the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

JMEE opened at $50.18 on Tuesday. The stock has a market capitalization of $1.50 billion, a P/E ratio of 17.82 and a beta of 1.22. The company’s 50 day simple moving average is $58.55 and its 200-day simple moving average is $60.99. JPMorgan Market Expansion Enhanced Equity ETF has a one year low of $48.18 and a one year high of $66.89.

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.