Great Valley Advisor Group Inc. Sells 316,568 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Great Valley Advisor Group Inc. lowered its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 37.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 538,219 shares of the company’s stock after selling 316,568 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $34,650,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the business. Breakwater Capital Group lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.0% in the 4th quarter. Breakwater Capital Group now owns 3,450 shares of the company’s stock worth $222,000 after purchasing an additional 196 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.3% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 4,889 shares of the company’s stock worth $315,000 after purchasing an additional 202 shares during the period. Ashton Thomas Securities LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 0.4% in the 4th quarter. Ashton Thomas Securities LLC now owns 51,976 shares of the company’s stock worth $3,346,000 after acquiring an additional 218 shares in the last quarter. Sequent Planning LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% in the 3rd quarter. Sequent Planning LLC now owns 4,971 shares of the company’s stock worth $315,000 after acquiring an additional 237 shares in the last quarter. Finally, Avestar Capital LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.0% in the 4th quarter. Avestar Capital LLC now owns 26,578 shares of the company’s stock worth $1,711,000 after acquiring an additional 273 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 2.7%

JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $75.84 on Friday. The firm has a 50 day moving average of $72.39 and a 200 day moving average of $69.03. The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12-month low of $57.14 and a 12-month high of $75.86.

JPMorgan Small & Mid Cap Enhanced Equity ETF 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.