Stewardship Advisors LLC Has $5.97 Million Holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Stewardship Advisors LLC lessened its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 15.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 89,363 shares of the company’s stock after selling 16,741 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up approximately 1.4% of Stewardship Advisors LLC’s investment portfolio, making the stock its 17th largest position. Stewardship Advisors LLC owned about 0.25% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $5,967,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Smartleaf Asset Management LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth approximately $26,000. Fifth Third Bancorp bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $27,000. Godsey & Gibb Inc. acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $45,000. Root Financial Partners LLC acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $75,000. Finally, Garton & Associates Financial Advisors LLC acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $89,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JMEE stock opened at $76.72 on Tuesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $57.21 and a fifty-two week high of $77.54. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 17.83 and a beta of 1.04. The business’s fifty day moving average price is $73.52 and its two-hundred day moving average price is $69.62.

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. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.