JPMorgan Chase & Co. Sells 20,672 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

JPMorgan Chase & Co. cut its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 0.2% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,515,410 shares of the company’s stock after selling 20,672 shares during the quarter. JPMorgan Chase & Co. owned approximately 31.46% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $676,982,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JMEE. Western Wealth Management LLC increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.5% during the third quarter. Western Wealth Management LLC now owns 10,682 shares of the company’s stock valued at $678,000 after acquiring an additional 158 shares in the last quarter. Breakwater Capital Group increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.0% during the fourth quarter. Breakwater Capital Group now owns 3,450 shares of the company’s stock valued at $222,000 after acquiring an additional 196 shares in the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.3% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,889 shares of the company’s stock valued at $315,000 after acquiring an additional 202 shares in the last quarter. Ashton Thomas Securities LLC increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 0.4% during the fourth quarter. Ashton Thomas Securities LLC now owns 51,976 shares of the company’s stock valued at $3,346,000 after acquiring an additional 218 shares in the last quarter. Finally, Sequent Planning LLC increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% during the third quarter. Sequent Planning LLC now owns 4,971 shares of the company’s stock valued at $315,000 after acquiring an additional 237 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Up 0.7%

JMEE opened at $74.76 on Wednesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $57.14 and a 52-week high of $75.74. The company has a market cap of $2.72 billion, a P/E ratio of 17.83 and a beta of 1.04. The firm’s 50-day moving average price is $72.04 and its 200-day moving average price is $68.85.

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.