B & T Capital Management DBA Alpha Capital Management Buys Shares of 185,590 JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

B & T Capital Management DBA Alpha Capital Management purchased a new position in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 185,590 shares of the company’s stock, valued at approximately $11,223,000. JPMorgan Market Expansion Enhanced Equity ETF accounts for approximately 2.1% of B & T Capital Management DBA Alpha Capital Management’s portfolio, making the stock its 11th largest position. B & T Capital Management DBA Alpha Capital Management owned approximately 0.99% of JPMorgan Market Expansion Enhanced Equity ETF at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the stock. Modus Advisors LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 3rd quarter worth about $202,000. Ascent Group LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter worth about $221,000. Breakwater Capital Group boosted 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 valued at $242,000 after acquiring an additional 225 shares during the period. Dynamic Advisor Solutions LLC grew its stake in JPMorgan Market Expansion Enhanced Equity ETF by 10.9% during the third quarter. Dynamic Advisor Solutions LLC now owns 4,541 shares of the company’s stock valued at $277,000 after acquiring an additional 445 shares in the last quarter. Finally, Cornerstone Wealth Management LLC increased its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 27.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 5,268 shares of the company’s stock worth $321,000 after acquiring an additional 1,135 shares during the period.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

NYSEARCA JMEE opened at $62.63 on Friday. The company’s 50 day simple moving average is $63.02 and its two-hundred day simple moving average is $60.74. The stock has a market capitalization of $1.18 billion, a PE ratio of 15.13 and a beta of 1.07. JPMorgan Market Expansion Enhanced Equity ETF has a 1 year low of $51.77 and a 1 year 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.