Lakeridge Wealth Management LLC Purchases 3,644 Shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Lakeridge Wealth Management LLC raised its position in shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 5.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,382 shares of the company’s stock after acquiring an additional 3,644 shares during the period. JPMorgan Market Expansion Enhanced Equity ETF makes up 2.1% of Lakeridge Wealth Management LLC’s portfolio, making the stock its 13th biggest holding. Lakeridge Wealth Management LLC owned approximately 0.25% of JPMorgan Market Expansion Enhanced Equity ETF worth $4,220,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Comerica Bank raised its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 16.2% during the fourth quarter. Comerica Bank now owns 1,648 shares of the company’s stock valued at $100,000 after buying an additional 230 shares during the last quarter. IFP Advisors Inc raised its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 32.5% during the fourth quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $58,000 after buying an additional 234 shares during the last quarter. Adamsbrown Wealth Consultants LLC raised its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 6.5% during the first quarter. Adamsbrown Wealth Consultants LLC now owns 4,106 shares of the company’s stock valued at $230,000 after buying an additional 249 shares during the last quarter. Prosperity Wealth Management Inc. raised its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 8.3% during the fourth quarter. Prosperity Wealth Management Inc. now owns 4,016 shares of the company’s stock valued at $243,000 after buying an additional 309 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC raised its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 70.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 799 shares of the company’s stock valued at $48,000 after buying an additional 329 shares during the last quarter.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

Shares of JMEE opened at $57.33 on Friday. The company has a 50-day simple moving average of $55.63 and a 200-day simple moving average of $58.72. The firm has a market capitalization of $1.78 billion, a P/E ratio of 16.24 and a beta of 1.20. JPMorgan Market Expansion Enhanced Equity ETF has a 52 week low of $48.18 and a 52 week high of $66.89.

JPMorgan Market Expansion Enhanced Equity ETF 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.