Nwam LLC Purchases Shares of 35,626 JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Nwam LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,626 shares of the company’s stock, valued at approximately $2,172,000.

A number of other institutional investors have also recently added to or reduced their stakes in JMEE. Cetera Investment Advisers grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 62.3% during the first quarter. Cetera Investment Advisers now owns 40,099 shares of the company’s stock valued at $2,347,000 after acquiring an additional 15,390 shares during the period. CWM LLC grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 42.1% during the second quarter. CWM LLC now owns 222,178 shares of the company’s stock valued at $12,584,000 after acquiring an additional 65,828 shares during the period. Stewardship Advisors LLC grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 15.1% during the second quarter. Stewardship Advisors LLC now owns 114,088 shares of the company’s stock valued at $6,462,000 after acquiring an additional 14,953 shares during the period. Choice Wealth Advisors LLC purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the second quarter valued at about $8,218,000. Finally, Fifth Third Securities Inc. purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the second quarter valued at about $854,000.

JPMorgan Market Expansion Enhanced Equity ETF Trading Up 1.5 %

JMEE stock opened at $65.43 on Friday. The stock has a 50-day moving average price of $61.69 and a two-hundred day moving average price of $59.14. The company has a market cap of $1.23 billion, a PE ratio of 15.13 and a beta of 1.07. JPMorgan Market Expansion Enhanced Equity ETF has a 12-month low of $49.26 and a 12-month high of $65.63.

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.