Meridian Financial Partners LLC Has $22.52 Million Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Meridian Financial Partners LLC grew its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 7.1% in the 4th quarter, Holdings Channel reports. The fund owned 326,779 shares of the company’s stock after purchasing an additional 21,794 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF comprises 8.9% of Meridian Financial Partners LLC’s portfolio, making the stock its 3rd biggest holding. Meridian Financial Partners LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $22,515,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of JMEE. Royal Bank of Canada increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% during the 1st quarter. Royal Bank of Canada now owns 149,866 shares of the company’s stock worth $8,390,000 after purchasing an additional 21,434 shares during the period. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 18.2% during the 2nd quarter. Raymond James Financial Inc. now owns 408,759 shares of the company’s stock worth $24,203,000 after purchasing an additional 62,937 shares during the period. Equitable Holdings Inc. increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 17.1% during the 2nd quarter. Equitable Holdings Inc. now owns 52,710 shares of the company’s stock worth $3,121,000 after purchasing an additional 7,697 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 2nd quarter worth about $1,523,000. Finally, Concurrent Investment Advisors LLC increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 12.1% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 36,586 shares of the company’s stock worth $2,321,000 after purchasing an additional 3,960 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

NYSEARCA:JMEE opened at $73.15 on Friday. The firm’s 50-day moving average is $69.52 and its 200-day moving average is $67.50. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $55.91 and a 52-week high of $74.86. The company has a market cap of $2.66 billion, a price-to-earnings ratio of 17.83 and a beta of 1.05.

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.