Tcfg Wealth Management LLC Makes New $7.07 Million Investment in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Tcfg Wealth Management LLC purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 111,405 shares of the company’s stock, valued at approximately $7,066,000. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for approximately 1.8% of Tcfg Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Tcfg Wealth Management LLC owned approximately 0.34% of JPMorgan Small & Mid Cap Enhanced Equity ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in JMEE. Western Wealth Management LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.5% during the 3rd quarter. Western Wealth Management LLC now owns 10,682 shares of the company’s stock worth $678,000 after purchasing an additional 158 shares during the last quarter. Summit Wealth Partners LLC grew its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.6% in the 3rd quarter. Summit Wealth Partners LLC now owns 11,990 shares of the company’s stock valued at $761,000 after buying an additional 189 shares during the last quarter. PAX Financial Group LLC grew its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.6% in the 3rd quarter. PAX Financial Group LLC now owns 8,966 shares of the company’s stock valued at $569,000 after buying an additional 231 shares during the last quarter. Sequent Planning LLC increased its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% in the 3rd quarter. Sequent Planning LLC now owns 4,971 shares of the company’s stock worth $315,000 after buying an additional 237 shares during the period. Finally, Stone House Investment Management LLC increased its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 9.3% in the 3rd quarter. Stone House Investment Management LLC now owns 3,549 shares of the company’s stock worth $225,000 after buying an additional 303 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Down 0.9%

Shares of JMEE stock opened at $66.31 on Thursday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12 month low of $48.18 and a 12 month high of $71.10. The firm has a market cap of $2.22 billion, a PE ratio of 17.83 and a beta of 1.09. The stock has a 50 day moving average of $68.62 and a 200-day moving average of $65.61.

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.