Fermata Advisors LLC Sells 10,290 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Fermata Advisors LLC lessened its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 35.9% during the third quarter, HoldingsChannel reports. The firm owned 18,398 shares of the company’s stock after selling 10,290 shares during the period. Fermata Advisors LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $1,354,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Capital Advisors Wealth Management LLC increased its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.8% in the third quarter. Capital Advisors Wealth Management LLC now owns 20,814 shares of the company’s stock worth $1,532,000 after buying an additional 951 shares during the last quarter. Breakwater Capital Group lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 28.0% during the 3rd quarter. Breakwater Capital Group now owns 5,293 shares of the company’s stock valued at $389,000 after buying an additional 1,157 shares during the last quarter. Legacy Private Trust Co. purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 3rd quarter valued at $6,655,000. Rockland Trust Co. purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 3rd quarter valued at $1,074,000. Finally, Planning Strategies Inc. grew its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.6% during the 3rd quarter. Planning Strategies Inc. now owns 40,486 shares of the company’s stock worth $2,979,000 after acquiring an additional 1,038 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

JMEE stock opened at $74.51 on Tuesday. The stock has a fifty day moving average of $76.31 and a 200-day moving average of $74.65. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $60.74 and a fifty-two week high of $79.93. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 17.83 and a beta of 1.03.

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.