Avantax Advisory Services Inc. Invests $1.42 Million in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Avantax Advisory Services Inc. bought a new position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,392 shares of the company’s stock, valued at approximately $1,415,000. Avantax Advisory Services Inc. owned approximately 0.12% of JPMorgan Market Expansion Enhanced Equity ETF at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Destiny Wealth Partners LLC increased its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 0.3% in the fourth quarter. Destiny Wealth Partners LLC now owns 60,503 shares of the company’s stock worth $3,659,000 after acquiring an additional 176 shares in the last quarter. Breakwater Capital Group increased its position 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 acquiring an additional 225 shares in the last quarter. IFP Advisors Inc increased its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 32.5% in the fourth quarter. IFP Advisors Inc now owns 953 shares of the company’s stock worth $58,000 after acquiring an additional 234 shares in the last quarter. Prosperity Wealth Management Inc. increased its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 8.3% in the fourth quarter. Prosperity Wealth Management Inc. now owns 4,016 shares of the company’s stock worth $243,000 after acquiring an additional 309 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 70.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 799 shares of the company’s stock worth $48,000 after acquiring an additional 329 shares in the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

JPMorgan Market Expansion Enhanced Equity ETF stock opened at $56.25 on Wednesday. The firm’s 50 day simple moving average is $60.35 and its 200-day simple moving average is $61.30. The company has a market cap of $1.71 billion, a P/E ratio of 17.61 and a beta of 1.22. JPMorgan Market Expansion Enhanced Equity ETF has a fifty-two week low of $54.16 and a fifty-two week 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.