Macco Financial Group Inc. Cuts Stock Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Macco Financial Group Inc. trimmed its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 18.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 106,864 shares of the company’s stock after selling 23,407 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF comprises 5.4% of Macco Financial Group Inc.’s holdings, making the stock its 6th largest position. Macco Financial Group Inc. owned approximately 0.29% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $7,135,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of JMEE. Breakwater Capital Group raised its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% during the first quarter. Breakwater Capital Group now owns 3,622 shares of the company’s stock worth $242,000 after acquiring an additional 172 shares in the last quarter. Dynamic Advisor Solutions LLC grew its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,889 shares of the company’s stock valued at $315,000 after purchasing an additional 202 shares in the last quarter. Heritage Wealth Management Inc. grew its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.4% in the first quarter. Heritage Wealth Management Inc. now owns 9,011 shares of the company’s stock valued at $602,000 after purchasing an additional 208 shares in the last quarter. Ashton Thomas Securities LLC increased its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 0.4% during the 4th quarter. Ashton Thomas Securities LLC now owns 51,976 shares of the company’s stock worth $3,346,000 after purchasing an additional 218 shares during the last quarter. Finally, Sequent Planning LLC increased its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% during the 3rd quarter. Sequent Planning LLC now owns 4,971 shares of the company’s stock worth $315,000 after purchasing an additional 237 shares during the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $77.32 on Monday. The stock has a market cap of $2.81 billion, a P/E ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12-month low of $58.33 and a 12-month high of $77.80. The business’s 50 day moving average is $74.03 and its 200-day moving average is $69.94.

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.