Great Valley Advisor Group Inc. Acquires 155,064 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Great Valley Advisor Group Inc. increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 22.5% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 845,752 shares of the company’s stock after purchasing an additional 155,064 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for 1.1% of Great Valley Advisor Group Inc.’s investment portfolio, making the stock its 16th biggest position. Great Valley Advisor Group Inc. owned 2.71% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $50,077,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in JMEE. Banco de Sabadell S.A bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the second quarter valued at about $31,000. Ameritas Advisory Services LLC purchased a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 2nd quarter valued at about $54,000. Steward Partners Investment Advisory LLC boosted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 80.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,421 shares of the company’s stock valued at $84,000 after acquiring an additional 632 shares during the period. Comerica Bank grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 33.7% during the 1st quarter. Comerica Bank now owns 2,203 shares of the company’s stock worth $123,000 after acquiring an additional 555 shares during the last quarter. Finally, Stone House Investment Management LLC increased its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 369.8% in the 2nd quarter. Stone House Investment Management LLC now owns 3,246 shares of the company’s stock worth $192,000 after purchasing an additional 2,555 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JMEE stock opened at $66.17 on Friday. The company has a market capitalization of $2.14 billion, a P/E ratio of 17.83 and a beta of 1.09. 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 50 day moving average price of $63.73 and a two-hundred day moving average price of $61.84.

About JPMorgan Small & Mid Cap Enhanced Equity ETF

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.