JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Stock: Fortitude Financial LLC Grows Stake

Fortitude Financial LLC grew its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 63.1% in the third quarter, Holdings Channel reports. The firm owned 39,052 shares of the company’s stock after acquiring an additional 15,106 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for approximately 1.4% of Fortitude Financial LLC’s holdings, making the stock its 10th largest position. Fortitude Financial LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $2,873,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in JMEE. IFP Advisors Inc grew its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 25.3% in the third quarter. IFP Advisors Inc now owns 936 shares of the company’s stock worth $69,000 after purchasing an additional 189 shares during the last quarter. WealthPLAN Partners LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 3rd quarter worth about $2,842,000. WealthPlan Investment Management LLC lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.4% during the 3rd quarter. WealthPlan Investment Management LLC now owns 241,121 shares of the company’s stock valued at $17,742,000 after buying an additional 16,716 shares in the last quarter. HBW Advisory Services LLC lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 15.3% during the 3rd quarter. HBW Advisory Services LLC now owns 5,783 shares of the company’s stock valued at $426,000 after buying an additional 769 shares in the last quarter. Finally, Godsey & Gibb Inc. bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 3rd quarter valued at about $51,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

JPMorgan Small & Mid Cap Enhanced Equity ETF stock traded down $0.04 during trading hours on Monday, hitting $73.41. The company had a trading volume of 189,326 shares, compared to its average volume of 135,816. The firm has a market cap of $2.86 billion, a P/E ratio of 17.83 and a beta of 1.03. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $60.74 and a 1 year high of $79.93. The company has a 50-day moving average price of $75.95 and a two-hundred day moving average price of $74.87.

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.