Systelligence LLC Increases Position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Systelligence LLC grew its stake in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 4.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 205,726 shares of the company’s stock after purchasing an additional 8,848 shares during the period. JPMorgan Market Expansion Enhanced Equity ETF makes up about 3.1% of Systelligence LLC’s holdings, making the stock its 12th largest holding. Systelligence LLC’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $12,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Hazlett Burt & Watson Inc. grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 76.0% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,760 shares of the company’s stock valued at $99,000 after acquiring an additional 760 shares in the last quarter. Modus Advisors LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 3rd quarter worth $202,000. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 1st quarter worth $215,000. Ascent Group LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 2nd quarter worth $221,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 2nd quarter worth $232,000.

JPMorgan Market Expansion Enhanced Equity ETF Trading Up 1.0 %

JPMorgan Market Expansion Enhanced Equity ETF stock opened at $65.32 on Tuesday. The stock has a market cap of $1.23 billion, a P/E ratio of 15.13 and a beta of 1.07. The company has a fifty day simple moving average of $60.63 and a 200-day simple moving average of $58.69. JPMorgan Market Expansion Enhanced Equity ETF has a 12-month low of $47.28 and a 12-month high of $65.57.

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.