JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lessened its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 5.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,922 shares of the company’s stock after selling 3,518 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.20% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $3,777,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JMEE. Cambridge Investment Research Advisors Inc. grew its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.9% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 30,553 shares of the company’s stock worth $1,710,000 after acquiring an additional 1,710 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 11.5% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 13,090 shares of the company’s stock worth $733,000 after purchasing an additional 1,351 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 15.8% during the first quarter. Janney Montgomery Scott LLC now owns 85,597 shares of the company’s stock worth $4,792,000 after purchasing an additional 11,697 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 108.3% in the first quarter. Kestra Private Wealth Services LLC now owns 15,626 shares of the company’s stock valued at $875,000 after purchasing an additional 8,123 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 13.6% in the first quarter. Envestnet Asset Management Inc. now owns 124,297 shares of the company’s stock valued at $6,958,000 after purchasing an additional 14,880 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Down 0.9%

JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $62.76 on Friday. The stock has a fifty day moving average price of $61.99 and a 200 day moving average price of $58.42. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52 week low of $48.18 and a 52 week high of $66.89. The firm has a market capitalization of $1.96 billion, a P/E ratio of 17.83 and a beta of 1.32.

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.