McLaughlin Asset Management Inc. Takes Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

McLaughlin Asset Management Inc. bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 26,065 shares of the company’s stock, valued at approximately $1,678,000. JPMorgan Small & Mid Cap Enhanced Equity ETF comprises about 1.5% of McLaughlin Asset Management Inc.’s investment portfolio, making the stock its 17th biggest holding. McLaughlin Asset Management Inc. owned approximately 0.08% of JPMorgan Small & Mid Cap Enhanced Equity ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter worth approximately $26,000. Fifth Third Bancorp bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter worth approximately $27,000. Godsey & Gibb Inc. purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $45,000. Root Financial Partners LLC purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $75,000. Finally, Garton & Associates Financial Advisors LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at $89,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 1.3%

Shares of JMEE stock opened at $76.38 on Friday. The company’s fifty day moving average price is $73.26 and its 200-day moving average price is $69.45. The stock has a market cap of $2.77 billion, a PE ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12 month low of $57.21 and a 12 month high of $77.54.

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.