Schwallier Wealth Management LLC Sells 57,716 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Schwallier Wealth Management LLC lowered its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 49.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,179 shares of the company’s stock after selling 57,716 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for approximately 2.6% of Schwallier Wealth Management LLC’s investment portfolio, making the stock its 11th biggest holding. Schwallier Wealth Management LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $3,992,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Crestwood Advisors Group LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.3% during the fourth quarter. Crestwood Advisors Group LLC now owns 994,466 shares of the company’s stock worth $64,024,000 after purchasing an additional 58,599 shares during the period. CWM LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 121.6% during the fourth quarter. CWM LLC now owns 958,735 shares of the company’s stock worth $61,723,000 after purchasing an additional 526,040 shares during the period. Raymond James Financial Inc. increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 9.9% during the third quarter. Raymond James Financial Inc. now owns 449,211 shares of the company’s stock worth $28,493,000 after purchasing an additional 40,452 shares during the period. Wagner Wealth Management LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.2% during the fourth quarter. Wagner Wealth Management LLC now owns 412,867 shares of the company’s stock worth $26,580,000 after purchasing an additional 20,246 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 367,095 shares of the company’s stock worth $23,634,000 after purchasing an additional 7,383 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Down 2.0%

Shares of NYSEARCA JMEE opened at $74.02 on Friday. The firm has a market cap of $2.69 billion, a P/E ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1-year low of $57.14 and a 1-year high of $75.64. The business’s 50 day moving average is $71.70 and its 200-day moving average is $68.62.

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.