JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Stake Boosted by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 22.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 44,604 shares of the company’s stock after purchasing an additional 8,206 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $2,978,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of JMEE. CWM LLC boosted its holdings in shares of 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 buying an additional 526,040 shares during the period. SHP Wealth Management purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the fourth quarter worth approximately $20,520,000. Retirement Management Systems Inc. acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at approximately $9,413,000. LPL Financial LLC raised its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.3% during the fourth quarter. LPL Financial LLC now owns 1,950,272 shares of the company’s stock valued at $125,558,000 after acquiring an additional 133,225 shares during the period. Finally, Macco Financial Group Inc. purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at approximately $8,387,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of NYSEARCA:JMEE opened at $76.72 on Tuesday. The firm has a 50 day simple moving average of $73.52 and a 200 day simple moving average of $69.62. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52 week low of $57.21 and a 52 week high of $77.54. The company has a market cap of $2.79 billion, a PE ratio of 17.83 and a beta of 1.04.

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.