Verus Capital Partners LLC Increases Stake in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Verus Capital Partners LLC grew its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 11.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 257,739 shares of the company’s stock after buying an additional 26,840 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for 1.0% of Verus Capital Partners LLC’s investment portfolio, making the stock its 16th largest holding. Verus Capital Partners LLC owned 0.77% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $16,593,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth $27,000. Main Street Group LTD purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 3rd quarter worth $30,000. Godsey & Gibb Inc. purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth $45,000. Root Financial Partners LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth $75,000. Finally, PNC Financial Services Group Inc. purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the third quarter worth $148,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

NYSEARCA:JMEE opened at $74.94 on Thursday. The stock has a fifty day moving average price of $71.40 and a two-hundred day moving average price of $68.49. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 17.83 and a beta of 1.05. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $57.14 and a 1 year high of $75.24.

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.