Capital Advisors Wealth Management LLC Purchases 11,582 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Capital Advisors Wealth Management LLC lifted its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 5.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 213,965 shares of the company’s stock after purchasing an additional 11,582 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF comprises 1.9% of Capital Advisors Wealth Management LLC’s portfolio, making the stock its 14th largest holding. Capital Advisors Wealth Management LLC owned approximately 0.65% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $13,775,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JMEE. Royal Bank of Canada boosted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% in the 1st quarter. Royal Bank of Canada now owns 149,866 shares of the company’s stock worth $8,390,000 after buying an additional 21,434 shares during the period. Steward Partners Investment Advisory LLC raised its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 80.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,421 shares of the company’s stock valued at $84,000 after acquiring an additional 632 shares during the period. Avestar Capital LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 18.9% in the second quarter. Avestar Capital LLC now owns 27,155 shares of the company’s stock valued at $1,608,000 after acquiring an additional 4,325 shares in the last quarter. Banco de Sabadell S.A purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the second quarter valued at about $31,000. Finally, Heritage Wealth Management Inc. boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 39.1% in the second quarter. Heritage Wealth Management Inc. now owns 5,558 shares of the company’s stock worth $329,000 after acquiring an additional 1,561 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

NYSEARCA:JMEE opened at $67.49 on Monday. The stock has a 50-day moving average price of $68.28 and a 200 day moving average price of $65.91. The stock has a market capitalization of $2.41 billion, a P/E ratio of 17.83 and a beta of 1.09. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12-month low of $48.18 and a 12-month high of $71.10.

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.