Barnes Pettey Financial Advisors LLC Grows Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Barnes Pettey Financial Advisors LLC raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 198.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 56,765 shares of the company’s stock after acquiring an additional 37,759 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up 1.7% of Barnes Pettey Financial Advisors LLC’s portfolio, making the stock its 12th biggest holding. Barnes Pettey Financial Advisors LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $3,790,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Smartleaf Asset Management LLC acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $26,000. Fifth Third Bancorp acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $27,000. Pinnacle Bancorp Inc. acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter valued at about $38,000. Godsey & Gibb Inc. purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $45,000. Finally, Root Financial Partners LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $75,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $77.38 on Thursday. The stock has a market capitalization of $2.86 billion, a P/E ratio of 17.83 and a beta of 1.02. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12-month low of $58.33 and a 12-month high of $78.23. The firm’s 50-day moving average is $74.36 and its two-hundred day moving average is $70.19.

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.