Freedom Financial Partners LLC Has $2.41 Million Stock Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Freedom Financial Partners LLC trimmed its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 59.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,917 shares of the company’s stock after selling 55,324 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for 0.9% of Freedom Financial Partners LLC’s portfolio, making the stock its 23rd largest position. Freedom Financial Partners LLC owned about 0.12% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $2,405,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in JMEE. Meridian Financial Partners LLC raised its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.0% in the third quarter. Meridian Financial Partners LLC now owns 304,985 shares of the company’s stock worth $19,455,000 after purchasing an additional 19,920 shares in the last quarter. Rooted Wealth Advisors Inc. grew its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 3.9% in the 3rd quarter. Rooted Wealth Advisors Inc. now owns 17,599 shares of the company’s stock valued at $1,126,000 after purchasing an additional 659 shares during the period. Tripletail Wealth Management LLC acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 3rd quarter worth approximately $59,000. Total Wealth Planning LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.4% during the 3rd quarter. Total Wealth Planning LLC now owns 475,078 shares of the company’s stock worth $30,134,000 after buying an additional 32,663 shares during the period. Finally, Greenwood Capital Associates LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 20.4% during the 3rd quarter. Greenwood Capital Associates LLC now owns 22,259 shares of the company’s stock worth $1,412,000 after buying an additional 3,770 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of NYSEARCA:JMEE opened at $65.11 on Wednesday. The business’s fifty day moving average price is $64.27 and its two-hundred day moving average price is $62.54. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $48.18 and a fifty-two week high of $67.18. The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 17.83 and a beta of 1.09.

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.