Capital Advisors Wealth Management LLC Acquires 197,250 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Capital Advisors Wealth Management LLC grew its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 3,842.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 202,383 shares of the company’s stock after acquiring an additional 197,250 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up approximately 1.8% of Capital Advisors Wealth Management LLC’s portfolio, making the stock its 16th largest holding. Capital Advisors Wealth Management LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $12,837,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in JMEE. Atlas Legacy Advisors LLC raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.8% during the second quarter. Atlas Legacy Advisors LLC now owns 45,021 shares of the company’s stock valued at $2,666,000 after buying an additional 2,862 shares during the last quarter. Wagner Wealth Management LLC increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.0% during the second quarter. Wagner Wealth Management LLC now owns 387,521 shares of the company’s stock valued at $22,945,000 after acquiring an additional 22,020 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 13.9% during the second quarter. Cetera Investment Advisers now owns 579,860 shares of the company’s stock valued at $34,333,000 after acquiring an additional 70,544 shares in the last quarter. Syntegra Private Wealth Group LLC raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.8% in the 2nd quarter. Syntegra Private Wealth Group LLC now owns 799,983 shares of the company’s stock worth $47,367,000 after purchasing an additional 44,133 shares during the last quarter. Finally, Rooted Wealth Advisors Inc. boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 8.7% in the 2nd quarter. Rooted Wealth Advisors Inc. now owns 16,940 shares of the company’s stock worth $1,028,000 after purchasing an additional 1,349 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JMEE stock opened at $65.83 on Friday. The company has a market capitalization of $2.13 billion, a price-to-earnings ratio of 17.83 and a beta of 1.09. JPMorgan Small & Mid Cap Enhanced Equity ETF has a one year low of $48.18 and a one year high of $67.18. The company’s 50-day moving average is $64.15 and its 200 day moving average is $62.33.

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.