Gateway Wealth Partners LLC Buys New Holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Gateway Wealth Partners LLC purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 10,822 shares of the company’s stock, valued at approximately $723,000.

A number of other institutional investors have also recently bought and sold shares of the business. CWM LLC lifted its position in shares of 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 last quarter. SHP Wealth Management acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth approximately $20,520,000. Bank of New York Mellon Corp increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 53.3% during the 1st quarter. Bank of New York Mellon Corp now owns 562,789 shares of the company’s stock worth $37,577,000 after acquiring an additional 195,694 shares during the last quarter. Retirement Management Systems Inc. bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at $9,413,000. Finally, LPL Financial LLC raised its stake in 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 period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $75.61 on Thursday. The business has a fifty day simple moving average of $75.88 and a two-hundred day simple moving average of $71.72. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $58.33 and a 1 year high of $78.23. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 17.83 and a beta of 1.02.

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. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.