Concurrent Investment Advisors LLC Increases Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Concurrent Investment Advisors LLC increased its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 29.7% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,448 shares of the company’s stock after acquiring an additional 10,862 shares during the period. Concurrent Investment Advisors LLC owned about 0.14% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $3,055,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. CWM LLC grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 121.6% in the fourth quarter. CWM LLC now owns 958,735 shares of the company’s stock worth $61,723,000 after acquiring an additional 526,040 shares in the last quarter. Crestwood Advisors Group LLC grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 8.8% in the third quarter. Crestwood Advisors Group LLC now owns 935,867 shares of the company’s stock worth $59,362,000 after acquiring an additional 75,929 shares in the last quarter. Raymond James Financial Inc. grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 9.9% in the third quarter. Raymond James Financial Inc. now owns 449,211 shares of the company’s stock worth $28,493,000 after acquiring an additional 40,452 shares in the last quarter. Wagner Wealth Management LLC grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.3% in the third quarter. Wagner Wealth Management LLC now owns 392,621 shares of the company’s stock worth $24,904,000 after acquiring an additional 5,100 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 13.2% in the third quarter. Jones Financial Companies Lllp now owns 326,344 shares of the company’s stock worth $20,707,000 after acquiring an additional 38,088 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of NYSEARCA:JMEE opened at $72.49 on Tuesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $53.11 and a 52-week high of $73.38. The firm has a fifty day moving average of $68.91 and a 200 day moving average of $66.73. The firm has a market capitalization of $2.65 billion, a PE ratio of 17.83 and a beta of 1.07.

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.