WealthPLAN Partners LLC Has $1.09 Million Stake in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

WealthPLAN Partners LLC boosted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 357.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 16,280 shares of the company’s stock after purchasing an additional 12,718 shares during the quarter. WealthPLAN Partners LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $1,087,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of JMEE. Royal Bank of Canada lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% in the first quarter. Royal Bank of Canada now owns 149,866 shares of the company’s stock valued at $8,390,000 after buying an additional 21,434 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 18.2% during the second quarter. Raymond James Financial Inc. now owns 408,759 shares of the company’s stock worth $24,203,000 after acquiring an additional 62,937 shares in the last quarter. Equitable Holdings Inc. raised its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 17.1% in the 2nd quarter. Equitable Holdings Inc. now owns 52,710 shares of the company’s stock worth $3,121,000 after acquiring an additional 7,697 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 2nd quarter worth about $1,523,000. Finally, PCG Wealth Advisors LLC bought a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 3rd quarter valued at about $2,547,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

JMEE stock opened at $76.28 on Wednesday. The business has a 50-day simple moving average of $74.72 and a two-hundred day simple moving average of $70.51. The company has a market capitalization of $2.82 billion, a P/E ratio of 17.83 and a beta of 1.02. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $58.33 and a 52-week high of $78.23.

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.