JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Shares Sold by Macco Financial Group Inc.

Macco Financial Group Inc. lowered its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 18.0% in the first quarter, HoldingsChannel reports. The firm owned 106,864 shares of the company’s stock after selling 23,407 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up 5.4% of Macco Financial Group Inc.’s portfolio, making the stock its 6th largest position. Macco Financial Group Inc.’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $7,135,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Asset Allocation Strategies LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 34.0% in the first quarter. Asset Allocation Strategies LLC now owns 28,071 shares of the company’s stock valued at $1,874,000 after buying an additional 7,116 shares during the last quarter. Pinnacle Bancorp Inc. acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 1st quarter worth approximately $38,000. Harbor Asset Planning Inc. increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 3.4% during the 1st quarter. Harbor Asset Planning Inc. now owns 9,776 shares of the company’s stock worth $653,000 after acquiring an additional 317 shares during the last quarter. Rooted Wealth Advisors Inc. raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.8% in the 1st quarter. Rooted Wealth Advisors Inc. now owns 19,695 shares of the company’s stock valued at $1,433,000 after acquiring an additional 543 shares during the period. Finally, Breakwater Capital Group raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% in the 1st quarter. Breakwater Capital Group now owns 3,622 shares of the company’s stock valued at $242,000 after acquiring an additional 172 shares during the period.

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 business has a fifty day simple moving average of $74.03 and a two-hundred day simple moving average of $69.94. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $58.33 and a 1 year high of $77.80. The company has a market capitalization of $2.81 billion, a price-to-earnings 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.