JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Position Lifted by Meridian Financial Partners LLC

Meridian Financial Partners LLC boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 7.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 304,985 shares of the company’s stock after buying an additional 19,920 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up 8.1% of Meridian Financial Partners LLC’s portfolio, making the stock its 3rd largest position. Meridian Financial Partners LLC owned 0.94% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $19,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in JMEE. Great Valley Advisor Group Inc. increased its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 22.5% during the second quarter. Great Valley Advisor Group Inc. now owns 845,752 shares of the company’s stock worth $50,077,000 after acquiring an additional 155,064 shares during the period. Syntegra Private Wealth Group LLC boosted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.4% in the third quarter. Syntegra Private Wealth Group LLC now owns 819,349 shares of the company’s stock valued at $51,971,000 after purchasing an additional 19,366 shares during the period. Osaic Holdings Inc. grew its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 9.4% in the second quarter. Osaic Holdings Inc. now owns 584,916 shares of the company’s stock worth $34,638,000 after purchasing an additional 50,443 shares in the last quarter. Cetera Investment Advisers increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 13.9% during the 2nd quarter. Cetera Investment Advisers now owns 579,860 shares of the company’s stock worth $34,333,000 after purchasing an additional 70,544 shares during the period. Finally, Total Wealth Planning LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.4% during the 3rd quarter. Total Wealth Planning LLC now owns 475,078 shares of the company’s stock worth $30,134,000 after purchasing an additional 32,663 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Down 0.5%

Shares of JMEE stock opened at $65.11 on Wednesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a twelve month low of $48.18 and a twelve month high of $67.18. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 17.83 and a beta of 1.09. The stock has a fifty day simple moving average of $64.27 and a two-hundred day simple moving average of $62.54.

JPMorgan Small & Mid Cap 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. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.