Concurrent Investment Advisors LLC Grows Stock Position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Concurrent Investment Advisors LLC grew its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 32.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 13,353 shares of the company’s stock after purchasing an additional 3,237 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $807,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Adamsbrown Wealth Consultants LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth approximately $233,000. Breakwater Capital Group lifted its position in JPMorgan Market Expansion Enhanced Equity ETF by 6.0% during the fourth quarter. Breakwater Capital Group now owns 4,002 shares of the company’s stock valued at $242,000 after purchasing an additional 225 shares in the last quarter. Global Retirement Partners LLC grew its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 12.8% during the fourth quarter. Global Retirement Partners LLC now owns 4,745 shares of the company’s stock valued at $287,000 after purchasing an additional 540 shares during the period. Dynamic Advisor Solutions LLC grew its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 17.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 5,326 shares of the company’s stock valued at $322,000 after purchasing an additional 785 shares during the period. Finally, Greenwood Capital Associates LLC purchased a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth about $327,000.

JPMorgan Market Expansion Enhanced Equity ETF Stock Down 2.6 %

JMEE stock opened at $59.56 on Monday. The business’s 50-day moving average price is $61.72 and its 200-day moving average price is $61.49. The stock has a market cap of $1.79 billion, a P/E ratio of 18.55 and a beta of 1.21. JPMorgan Market Expansion Enhanced Equity ETF has a twelve month low of $54.16 and a twelve month high of $66.89.

JPMorgan Market Expansion Enhanced Equity ETF Company 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.