Flynn Zito Capital Management LLC Grows Stake in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Flynn Zito Capital Management LLC raised its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 16.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 126,657 shares of the company’s stock after buying an additional 18,306 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for about 3.0% of Flynn Zito Capital Management LLC’s investment portfolio, making the stock its 11th largest holding. Flynn Zito Capital Management LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $8,034,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Banco de Sabadell S.A purchased a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the second quarter worth $31,000. Ameritas Advisory Services LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 2nd quarter valued at $54,000. Tripletail Wealth Management LLC bought a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 3rd quarter worth $59,000. Steward Partners Investment Advisory LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 80.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,421 shares of the company’s stock worth $84,000 after purchasing an additional 632 shares during the period. Finally, Stone House Investment Management LLC boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 369.8% during the 2nd quarter. Stone House Investment Management LLC now owns 3,246 shares of the company’s stock valued at $192,000 after purchasing an additional 2,555 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of NYSEARCA JMEE opened at $68.35 on Wednesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $48.18 and a 1 year high of $69.63. The stock has a market capitalization of $2.27 billion, a P/E ratio of 17.83 and a beta of 1.09. The company’s 50-day moving average is $66.39 and its 200 day moving average is $63.92.

About JPMorgan Small & Mid Cap Enhanced Equity ETF

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.