Royal Bank of Canada Has $12.30 Million Stock Holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Royal Bank of Canada increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 20.2% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 184,225 shares of the company’s stock after purchasing an additional 30,904 shares during the quarter. Royal Bank of Canada owned 0.51% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $12,300,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth approximately $26,000. Fifth Third Bancorp bought a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth about $27,000. 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. Godsey & Gibb Inc. acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the fourth quarter valued at $45,000. Finally, Root Financial Partners LLC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth approximately $75,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of NYSEARCA JMEE opened at $78.96 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a one year low of $59.65 and a one year high of $79.07. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 17.83 and a beta of 1.02. The stock’s fifty day moving average price is $76.40 and its two-hundred day moving average price is $72.17.

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.