JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Stake Lessened by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 61.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,611 shares of the company’s stock after selling 38,311 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.07% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $1,492,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Royal Bank of Canada lifted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% in the 1st quarter. Royal Bank of Canada now owns 149,866 shares of the company’s stock worth $8,390,000 after acquiring an additional 21,434 shares in the last quarter. Greenwood Capital Associates LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 20.4% in the second quarter. Greenwood Capital Associates LLC now owns 18,489 shares of the company’s stock worth $1,095,000 after purchasing an additional 3,139 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the second quarter worth approximately $54,000. Wells Trecaso Financial Group LLC boosted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.4% during the second quarter. Wells Trecaso Financial Group LLC now owns 26,064 shares of the company’s stock worth $1,543,000 after purchasing an additional 1,341 shares during the period. Finally, Leo Wealth LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the second quarter valued at approximately $1,112,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $67.45 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a twelve month low of $48.18 and a twelve month high of $69.63. The firm has a market cap of $2.24 billion, a PE ratio of 17.83 and a beta of 1.09. The firm’s 50 day moving average price is $66.21 and its two-hundred day moving average price is $63.79.

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.