Rockland Trust Co. Sells 4,584 Shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)

Rockland Trust Co. lowered its holdings in JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) by 26.3% in the third quarter, Holdings Channel reports. The firm owned 12,820 shares of the company’s stock after selling 4,584 shares during the quarter. Rockland Trust Co.’s holdings in JPMorgan Market Expansion Enhanced Equity ETF were worth $782,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. acquired a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 1st quarter worth about $60,000. Aspire Wealth Management Corp raised its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 63.3% during the first quarter. Aspire Wealth Management Corp now owns 1,999 shares of the company’s stock worth $117,000 after acquiring an additional 775 shares in the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the first quarter worth about $215,000. Ascent Group LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF during the second quarter valued at approximately $221,000. Finally, Dynamic Advisor Solutions LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the second quarter valued at approximately $232,000.

JPMorgan Market Expansion Enhanced Equity ETF Trading Up 1.1 %

Shares of NYSEARCA:JMEE traded up $0.65 during trading on Friday, hitting $60.75. 44,517 shares of the company were exchanged, compared to its average volume of 86,221. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07. JPMorgan Market Expansion Enhanced Equity ETF has a fifty-two week low of $45.17 and a fifty-two week high of $61.53. The firm has a fifty day moving average price of $59.04 and a two-hundred day moving average price of $57.73.

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.