WealthPlan Investment Management LLC Makes New Investment in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

WealthPlan Investment Management LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) during the 2nd quarter, HoldingsChannel reports. The firm bought 11,876 shares of the company’s stock, valued at approximately $703,000.

Several other institutional investors have also recently made changes to their positions in JMEE. Crestwood Advisors Group LLC purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the first quarter worth $63,618,000. Cetera Investment Advisers raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 120.9% in the first quarter. Cetera Investment Advisers now owns 509,316 shares of the company’s stock worth $28,511,000 after buying an additional 278,712 shares in the last quarter. LPL Financial LLC raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 14.5% in the first quarter. LPL Financial LLC now owns 1,749,301 shares of the company’s stock worth $97,926,000 after buying an additional 221,099 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 115.3% in the first quarter. Raymond James Financial Inc. now owns 345,822 shares of the company’s stock worth $19,359,000 after buying an additional 185,164 shares in the last quarter. Finally, Tradition Wealth Management LLC purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the first quarter worth $4,972,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JMEE stock opened at $62.70 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $48.18 and a 52-week high of $66.89. The company has a market capitalization of $2.03 billion, a PE ratio of 17.83 and a beta of 1.32. The business’s fifty day moving average is $62.82 and its 200 day moving average is $59.14.

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.