JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Stake Trimmed by Freedom Financial Partners LLC

Freedom Financial Partners LLC lessened its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 42.7% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 12,746 shares of the company’s stock after selling 9,517 shares during the quarter. Freedom Financial Partners LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $851,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of JMEE. Breakwater Capital Group boosted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.0% in the fourth quarter. Breakwater Capital Group now owns 3,450 shares of the company’s stock worth $222,000 after buying an additional 196 shares during the period. Dynamic Advisor Solutions LLC increased its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.3% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 4,889 shares of the company’s stock worth $315,000 after acquiring an additional 202 shares in the last quarter. Ashton Thomas Securities LLC raised its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 0.4% during the fourth quarter. Ashton Thomas Securities LLC now owns 51,976 shares of the company’s stock valued at $3,346,000 after acquiring an additional 218 shares during the period. Sequent Planning LLC raised its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% during the third quarter. Sequent Planning LLC now owns 4,971 shares of the company’s stock valued at $315,000 after acquiring an additional 237 shares during the period. Finally, Avestar Capital LLC raised its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.0% during the fourth quarter. Avestar Capital LLC now owns 26,578 shares of the company’s stock valued at $1,711,000 after acquiring an additional 273 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of NYSEARCA:JMEE opened at $76.38 on Friday. The firm has a 50 day simple moving average of $73.39 and a 200 day simple moving average of $69.50. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52 week low of $57.21 and a 52 week high of $77.54. The company has a market cap of $2.77 billion, a PE ratio of 17.83 and a beta of 1.04.

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.