JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 3.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 680,755 shares of the company’s stock after purchasing an additional 20,481 shares during the quarter. Cetera Investment Advisers’ holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $45,454,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JMEE. Royal Bank of Canada lifted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.7% during the first 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. raised its position in 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 buying an additional 62,937 shares during the last quarter. Equitable Holdings Inc. raised its position in 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 buying an additional 7,697 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 2nd quarter valued at approximately $1,523,000. Finally, PCG Wealth Advisors LLC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 3rd quarter valued at approximately $2,547,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JMEE stock opened at $76.59 on Friday. The firm’s fifty day simple moving average is $75.62 and its 200-day simple moving average is $71.48. The company 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.

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.