Schwallier Wealth Management LLC Has $3.99 Million Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Schwallier Wealth Management LLC reduced its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 49.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,179 shares of the company’s stock after selling 57,716 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF comprises about 2.6% of Schwallier Wealth Management LLC’s investment portfolio, making the stock its 11th largest holding. Schwallier Wealth Management LLC owned 0.18% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $3,992,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. CWM LLC raised its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 121.6% during the fourth quarter. CWM LLC now owns 958,735 shares of the company’s stock worth $61,723,000 after acquiring an additional 526,040 shares in the last quarter. Capital Developers LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth about $7,177,000. Tcfg Wealth Management LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the third quarter worth about $7,066,000. Verus Capital Partners LLC raised its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 74.7% during the third quarter. Verus Capital Partners LLC now owns 230,899 shares of the company’s stock worth $14,646,000 after acquiring an additional 98,753 shares in the last quarter. Finally, Crestwood Advisors Group LLC raised its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 8.8% during the third quarter. Crestwood Advisors Group LLC now owns 935,867 shares of the company’s stock worth $59,362,000 after acquiring an additional 75,929 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

JMEE opened at $74.02 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $57.14 and a 52-week high of $75.64. The firm has a market capitalization of $2.69 billion, a PE ratio of 17.83 and a beta of 1.04. The business’s 50-day simple moving average is $71.70 and its 200 day simple moving average is $68.62.

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.