Nwam LLC Sells 30,020 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Nwam LLC lessened its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 73.7% in the second quarter, HoldingsChannel reports. The fund owned 10,691 shares of the company’s stock after selling 30,020 shares during the period. Nwam LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $649,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of JMEE. Crestwood Advisors Group LLC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter worth about $63,618,000. Cetera Investment Advisers increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 120.9% during the first quarter. Cetera Investment Advisers now owns 509,316 shares of the company’s stock worth $28,511,000 after purchasing an additional 278,712 shares during the period. LPL Financial LLC raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 14.5% in the first quarter. LPL Financial LLC now owns 1,749,301 shares of the company’s stock valued at $97,926,000 after buying an additional 221,099 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 115.3% in the first quarter. Raymond James Financial Inc. now owns 345,822 shares of the company’s stock valued at $19,359,000 after buying an additional 185,164 shares during the period. Finally, Tradition Wealth Management LLC bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the first quarter valued at approximately $4,972,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of NYSEARCA:JMEE opened at $64.06 on Thursday. The business’s 50 day simple moving average is $63.48 and its 200 day simple moving average is $60.71. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $48.18 and a 1 year high of $66.89. The company has a market capitalization of $2.07 billion, a P/E ratio of 17.83 and a beta of 1.09.

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.