Flynn Zito Capital Management LLC Sells 44,741 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Flynn Zito Capital Management LLC cut its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 34.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 86,249 shares of the company’s stock after selling 44,741 shares during the period. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up approximately 1.8% of Flynn Zito Capital Management LLC’s investment portfolio, making the stock its 15th largest holding. Flynn Zito Capital Management LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $5,759,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. CWM LLC lifted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 121.6% in the fourth quarter. CWM LLC now owns 958,735 shares of the company’s stock valued at $61,723,000 after buying an additional 526,040 shares during the period. SHP Wealth Management acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth about $20,520,000. Retirement Management Systems Inc. bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $9,413,000. LPL Financial LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.3% in the 4th quarter. LPL Financial LLC now owns 1,950,272 shares of the company’s stock valued at $125,558,000 after acquiring an additional 133,225 shares during the last quarter. Finally, Macco Financial Group Inc. acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at approximately $8,387,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $76.36 on Wednesday. The company’s 50 day simple moving average is $75.10 and its 200 day simple moving average is $70.88. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $58.33 and a fifty-two week high of $78.23. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 17.83 and a beta of 1.02.

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.