Verus Capital Partners LLC Raises Stock Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Verus Capital Partners LLC boosted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 5.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 272,585 shares of the company’s stock after purchasing an additional 14,846 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF comprises approximately 1.2% of Verus Capital Partners LLC’s investment portfolio, making the stock its 14th biggest holding. Verus Capital Partners LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $18,201,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC purchased a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the fourth quarter valued at $26,000. Fifth Third Bancorp purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at about $27,000. Pinnacle Bancorp Inc. acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter valued at about $38,000. Godsey & Gibb Inc. acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $45,000. Finally, Root Financial Partners LLC purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the fourth quarter worth about $75,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Down 0.1%

Shares of JMEE opened at $76.30 on Friday. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 17.83 and a beta of 1.02. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52 week low of $58.33 and a 52 week high of $78.23. The stock’s 50-day moving average price is $76.01 and its 200-day moving average price is $71.82.

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.