JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 7.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 150,987 shares of the company’s stock after purchasing an additional 10,811 shares during the quarter. Envestnet Asset Management Inc. owned 0.47% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $9,577,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Capital Advisors Wealth Management LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 3,842.8% in the third quarter. Capital Advisors Wealth Management LLC now owns 202,383 shares of the company’s stock valued at $12,837,000 after buying an additional 197,250 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 22.5% during the second quarter. Great Valley Advisor Group Inc. now owns 845,752 shares of the company’s stock worth $50,077,000 after acquiring an additional 155,064 shares during the last quarter. American Trust acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the second quarter valued at approximately $4,479,000. Cetera Investment Advisers raised its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 13.9% during the 2nd quarter. Cetera Investment Advisers now owns 579,860 shares of the company’s stock worth $34,333,000 after acquiring an additional 70,544 shares during the period. Finally, Raymond James Financial Inc. grew its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 18.2% in the 2nd quarter. Raymond James Financial Inc. now owns 408,759 shares of the company’s stock valued at $24,203,000 after buying an additional 62,937 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 0.3%

NYSEARCA JMEE opened at $70.43 on Thursday. The stock has a fifty day simple moving average of $67.45 and a 200-day simple moving average of $64.61. JPMorgan Small & Mid Cap Enhanced Equity ETF has a twelve month low of $48.18 and a twelve month high of $71.10. The stock has a market cap of $2.35 billion, a PE ratio of 17.83 and a beta of 1.09.

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. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.