JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 0.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,536,082 shares of the company’s stock after purchasing an additional 23,428 shares during the period. JPMorgan Chase & Co. owned approximately 0.33% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $668,304,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% in the first quarter. Royal Bank of Canada now owns 149,866 shares of the company’s stock worth $8,390,000 after buying an additional 21,434 shares during the period. Stratos Wealth Partners LTD. purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the second quarter valued at about $202,000. WBH Advisory Inc. acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 2nd quarter valued at approximately $1,134,000. Syntegra Private Wealth Group LLC boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.8% during the 2nd quarter. Syntegra Private Wealth Group LLC now owns 799,983 shares of the company’s stock valued at $47,367,000 after buying an additional 44,133 shares during the last quarter. Finally, West Michigan Advisors LLC grew its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.0% during the second quarter. West Michigan Advisors LLC now owns 69,047 shares of the company’s stock worth $4,088,000 after buying an additional 701 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JMEE opened at $70.23 on Wednesday. The stock has a market capitalization of $2.35 billion, a PE ratio of 17.83 and a beta of 1.09. The firm’s fifty day moving average price is $67.37 and its 200 day moving average price is $64.56. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12-month low of $48.18 and a 12-month high of $71.10.

JPMorgan Small & Mid Cap Enhanced Equity ETF Company 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.