JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Shares Acquired by Bond & Devick Financial Network Inc.

Bond & Devick Financial Network Inc. boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 6.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 178,387 shares of the company’s stock after acquiring an additional 11,261 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for about 3.2% of Bond & Devick Financial Network Inc.’s portfolio, making the stock its 7th biggest holding. Bond & Devick Financial Network Inc. owned 0.54% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $11,485,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% during the 1st quarter. Royal Bank of Canada now owns 149,866 shares of the company’s stock worth $8,390,000 after purchasing an additional 21,434 shares during the last quarter. MAI Capital Management grew its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 423.4% in the 2nd quarter. MAI Capital Management now owns 4,041 shares of the company’s stock valued at $239,000 after buying an additional 3,269 shares in the last quarter. Global Retirement Partners LLC purchased a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 2nd quarter valued at $1,120,000. Steward Partners Investment Advisory LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 80.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,421 shares of the company’s stock worth $84,000 after acquiring an additional 632 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 17.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 258,682 shares of the company’s stock worth $15,317,000 after acquiring an additional 38,127 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Down 1.7%

Shares of JMEE stock opened at $65.49 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a twelve month low of $48.18 and a twelve month high of $71.10. The company’s 50-day moving average price is $68.44 and its 200-day moving average price is $65.75. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 17.83 and a beta of 1.09.

JPMorgan Small & Mid Cap Enhanced Equity ETF Company 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.