Wagner Wealth Management LLC Has $22.95 Million Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Wagner Wealth Management LLC grew its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 6.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 387,521 shares of the company’s stock after purchasing an additional 22,020 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF comprises approximately 5.2% of Wagner Wealth Management LLC’s investment portfolio, making the stock its 5th largest position. Wagner Wealth Management LLC owned approximately 1.23% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $22,945,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Adamsbrown Wealth Consultants LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.5% in the 1st quarter. Adamsbrown Wealth Consultants LLC now owns 4,106 shares of the company’s stock valued at $230,000 after acquiring an additional 249 shares in the last quarter. Breakwater Capital Group increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 9.7% in the 1st quarter. Breakwater Capital Group now owns 4,391 shares of the company’s stock valued at $246,000 after acquiring an additional 389 shares in the last quarter. Crewe Advisors LLC bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter valued at $29,000. IFG Advisory LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.2% in the 1st quarter. IFG Advisory LLC now owns 10,778 shares of the company’s stock valued at $603,000 after acquiring an additional 532 shares in the last quarter. Finally, US Bancorp DE increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.0% in the 1st quarter. US Bancorp DE now owns 28,122 shares of the company’s stock valued at $1,574,000 after acquiring an additional 540 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 1.1%

Shares of JMEE stock opened at $63.45 on Friday. The firm has a market capitalization of $1.98 billion, a PE ratio of 17.83 and a beta of 1.32. The firm has a fifty day simple moving average of $62.05 and a two-hundred day simple moving average of $58.50. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12 month low of $48.18 and a 12 month high of $66.89.

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.