Stewardship Advisors LLC Has $5.97 Million Holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Stewardship Advisors LLC cut its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 15.8% during the 1st quarter, Holdings Channel reports. The firm owned 89,363 shares of the company’s stock after selling 16,741 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up 1.4% of Stewardship Advisors LLC’s holdings, making the stock its 17th largest holding. Stewardship Advisors LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $5,967,000 at the end of the most recent quarter.

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

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

NYSEARCA:JMEE opened at $76.72 on Tuesday. The stock has a fifty day moving average price of $73.52 and a 200-day moving average price of $69.62. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $57.21 and a fifty-two week 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.