Crewe Advisors LLC Makes New Investment in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE)

Crewe Advisors LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 515 shares of the company’s stock, valued at approximately $29,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Triumph Capital Management lifted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 14.2% in the fourth quarter. Triumph Capital Management now owns 17,897 shares of the company’s stock valued at $1,082,000 after buying an additional 2,222 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 12.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 11,739 shares of the company’s stock worth $710,000 after purchasing an additional 1,278 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at approximately $9,715,000. IFP Advisors Inc grew its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 32.5% during the 4th quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $58,000 after acquiring an additional 234 shares during the period. Finally, Ameriprise Financial Inc. bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at approximately $3,562,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

NYSEARCA JMEE opened at $57.66 on Monday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $48.18 and a 52-week high of $66.89. The company has a market capitalization of $1.80 billion, a P/E ratio of 16.24 and a beta of 1.20. The company has a fifty day moving average of $56.21 and a 200-day moving average of $58.34.

JPMorgan Small & Mid Cap Enhanced Equity ETF Company 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.