SilverOak Wealth Management LLC Takes $1.28 Million Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

SilverOak Wealth Management LLC acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,930 shares of the company’s stock, valued at approximately $1,283,000.

Several other institutional investors have also recently added to or reduced their stakes in JMEE. Royal Bank of Canada lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% in the 1st quarter. Royal Bank of Canada now owns 149,866 shares of the company’s stock valued at $8,390,000 after purchasing an additional 21,434 shares in the last quarter. Raymond James Financial Inc. grew its holdings 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 buying an additional 62,937 shares in the last quarter. Equitable Holdings Inc. grew its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 17.1% during the second quarter. Equitable Holdings Inc. now owns 52,710 shares of the company’s stock worth $3,121,000 after buying an additional 7,697 shares in the last quarter. Tower Research Capital LLC TRC acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the second quarter valued at approximately $1,523,000. Finally, Capital Advisors Wealth Management LLC raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 3,842.8% in the third quarter. Capital Advisors Wealth Management LLC now owns 202,383 shares of the company’s stock valued at $12,837,000 after buying an additional 197,250 shares during the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JMEE opened at $72.36 on Wednesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $51.70 and a 1 year high of $73.38. The company’s 50 day simple moving average is $68.72 and its 200 day simple moving average is $66.48. The company has a market capitalization of $2.64 billion, a price-to-earnings ratio of 17.83 and a beta of 1.07.

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.