Envestnet Asset Management Inc. Has $8.30 Million Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Envestnet Asset Management Inc. grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 12.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,176 shares of the company’s stock after acquiring an additional 15,879 shares during the period. Envestnet Asset Management Inc. owned about 0.45% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $8,300,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Stone House Investment Management LLC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter valued at about $39,000. Ameritas Advisory Services LLC acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the second quarter valued at approximately $54,000. Comerica Bank boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 33.7% during the 1st quarter. Comerica Bank now owns 2,203 shares of the company’s stock worth $123,000 after acquiring an additional 555 shares during the period. Stratos Wealth Partners LTD. acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 2nd quarter worth approximately $202,000. Finally, AWM Capital LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter valued at $251,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JMEE stock opened at $63.97 on Tuesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a one year low of $48.18 and a one year high of $66.89. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 17.83 and a beta of 1.09. The company has a fifty day moving average price of $63.42 and a two-hundred day moving average price of $60.61.

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.