Janney Montgomery Scott LLC Sells 28,748 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Janney Montgomery Scott LLC decreased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 33.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,849 shares of the company’s stock after selling 28,748 shares during the quarter. Janney Montgomery Scott LLC owned 0.18% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $3,366,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Cambridge Investment Research Advisors Inc. raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.9% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 30,553 shares of the company’s stock worth $1,710,000 after acquiring an additional 1,710 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 11.5% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 13,090 shares of the company’s stock worth $733,000 after acquiring an additional 1,351 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 10.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 65,440 shares of the company’s stock worth $3,663,000 after acquiring an additional 6,378 shares in the last quarter. Wagner Wealth Management LLC raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.0% during the second quarter. Wagner Wealth Management LLC now owns 387,521 shares of the company’s stock worth $22,945,000 after acquiring an additional 22,020 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 108.3% during the first quarter. Kestra Private Wealth Services LLC now owns 15,626 shares of the company’s stock worth $875,000 after acquiring an additional 8,123 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 0.9%

Shares of NYSEARCA JMEE opened at $63.79 on Thursday. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 17.83 and a beta of 1.32. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12 month low of $48.18 and a 12 month high of $66.89. The stock has a 50-day moving average price of $62.47 and a two-hundred day moving average price of $58.89.

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.