JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Stock Purchased by Avestar Capital LLC

Avestar Capital LLC boosted its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 38.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 40,428 shares of the company’s stock after purchasing an additional 11,213 shares during the period. Avestar Capital LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $2,975,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Godsey & Gibb Inc. purchased a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the third quarter worth $51,000. IFP Advisors Inc grew its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 25.3% during the 3rd quarter. IFP Advisors Inc now owns 936 shares of the company’s stock valued at $69,000 after buying an additional 189 shares in the last quarter. Capital Analysts LLC lifted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 110.2% in the 2nd quarter. Capital Analysts LLC now owns 1,068 shares of the company’s stock worth $83,000 after acquiring an additional 560 shares during the last quarter. Liberty Atlantic Advisors LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 3rd quarter valued at about $227,000. Finally, Simplicity Wealth LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 12.3% during the third quarter. Simplicity Wealth LLC now owns 3,630 shares of the company’s stock valued at $267,000 after buying an additional 399 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

JMEE stock opened at $74.81 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a one year low of $60.74 and a one year high of $79.93. The firm has a 50-day simple moving average of $75.10 and a two-hundred day simple moving average of $73.12. The firm has a market cap of $2.94 billion, a price-to-earnings ratio of 17.83 and a beta of 1.03.

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.