NewEdge Advisors LLC Has $1.45 Million Stake in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

NewEdge Advisors LLC lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 164.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,650 shares of the company’s stock after purchasing an additional 13,450 shares during the period. NewEdge Advisors LLC owned 0.06% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $1,446,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Breakwater Capital Group boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% in the 1st quarter. Breakwater Capital Group now owns 3,622 shares of the company’s stock valued at $242,000 after purchasing an additional 172 shares during the period. Heritage Wealth Management Inc. lifted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.4% during the first quarter. Heritage Wealth Management Inc. now owns 9,011 shares of the company’s stock worth $602,000 after buying an additional 208 shares in the last quarter. Ashton Thomas Securities LLC boosted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 0.4% in the fourth quarter. Ashton Thomas Securities LLC now owns 51,976 shares of the company’s stock valued at $3,346,000 after acquiring an additional 218 shares during the period. Luts & Greenleigh Group Inc. boosted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.7% in the first quarter. Luts & Greenleigh Group Inc. now owns 5,115 shares of the company’s stock valued at $342,000 after acquiring an additional 231 shares during the period. Finally, Avestar Capital LLC grew its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.0% in the fourth quarter. Avestar Capital LLC now owns 26,578 shares of the company’s stock valued at $1,711,000 after acquiring an additional 273 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

JMEE stock opened at $79.86 on Monday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52 week low of $60.60 and a 52 week high of $79.91. The company has a market capitalization of $3.00 billion, a PE ratio of 17.83 and a beta of 1.02. The company’s 50-day simple moving average is $76.84 and its 200 day simple moving average is $72.58.

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.