Avestar Capital LLC Makes New Investment in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Avestar Capital LLC acquired a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) in the 4th quarter, HoldingsChannel reports. The firm acquired 30,596 shares of the company’s stock, valued at approximately $1,850,000.

A number of other institutional investors have also recently made changes to their positions in JMEE. Destiny Wealth Partners LLC lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 0.3% in the 4th quarter. Destiny Wealth Partners LLC now owns 60,503 shares of the company’s stock valued at $3,659,000 after purchasing an additional 176 shares in the last quarter. Breakwater Capital Group lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 6.0% in the fourth 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. MN Wealth Advisors LLC boosted its position in JPMorgan Market Expansion Enhanced Equity ETF by 7.3% during the third quarter. MN Wealth Advisors LLC now owns 5,443 shares of the company’s stock worth $332,000 after acquiring an additional 370 shares during the last quarter. Dynamic Advisor Solutions LLC grew its stake in JPMorgan Market Expansion Enhanced Equity ETF by 17.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 5,326 shares of the company’s stock valued at $322,000 after acquiring an additional 785 shares in the last quarter. Finally, Cornerstone Wealth Management LLC raised its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 27.5% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 5,268 shares of the company’s stock valued at $321,000 after acquiring an additional 1,135 shares during the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

NYSEARCA:JMEE opened at $61.14 on Thursday. JPMorgan Market Expansion Enhanced Equity ETF has a one year low of $53.09 and a one year high of $66.89. The stock has a market cap of $1.15 billion, a PE ratio of 15.13 and a beta of 1.07. The stock has a 50 day moving average price of $62.18 and a 200 day moving average price of $61.30.

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.