JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 0.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 10,515,410 shares of the company’s stock after selling 20,672 shares during the quarter. JPMorgan Chase & Co. owned 0.31% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $676,982,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Crestwood Advisors Group LLC lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 8.8% in the 3rd quarter. Crestwood Advisors Group LLC now owns 935,867 shares of the company’s stock valued at $59,362,000 after purchasing an additional 75,929 shares in the last quarter. Verus Capital Partners LLC lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 74.7% in the 3rd quarter. Verus Capital Partners LLC now owns 230,899 shares of the company’s stock valued at $14,646,000 after purchasing an additional 98,753 shares in the last quarter. United Advisor Group LLC lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 160.2% in the 4th quarter. United Advisor Group LLC now owns 13,416 shares of the company’s stock valued at $864,000 after purchasing an additional 8,259 shares in the last quarter. SilverOak Wealth Management LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $1,283,000. Finally, Meridian Financial Partners LLC lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.1% in the 4th quarter. Meridian Financial Partners LLC now owns 326,779 shares of the company’s stock valued at $22,515,000 after purchasing an additional 21,794 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JMEE stock opened at $74.76 on Wednesday. The stock’s fifty day moving average is $72.04 and its two-hundred day moving average is $68.85. The firm has a market capitalization of $2.72 billion, a P/E ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $57.14 and a fifty-two week high of $75.74.

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.