Freedom Financial Partners LLC Has $2.41 Million Position in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Freedom Financial Partners LLC decreased its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 59.3% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,917 shares of the company’s stock after selling 55,324 shares during the quarter. JPMorgan Small & Mid Cap Enhanced Equity ETF makes up approximately 0.9% of Freedom Financial Partners LLC’s holdings, making the stock its 23rd largest holding. Freedom Financial Partners LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $2,405,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Daymark Wealth Partners LLC lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.9% during the second quarter. Daymark Wealth Partners LLC now owns 14,711 shares of the company’s stock valued at $871,000 after acquiring an additional 272 shares during the period. Banco de Sabadell S.A acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 2nd quarter valued at about $31,000. Fermata Advisors LLC boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.6% in the 3rd quarter. Fermata Advisors LLC now owns 21,851 shares of the company’s stock valued at $1,386,000 after purchasing an additional 554 shares during the last quarter. Comerica Bank boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 33.7% in the 1st quarter. Comerica Bank now owns 2,203 shares of the company’s stock valued at $123,000 after purchasing an additional 555 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 80.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,421 shares of the company’s stock worth $84,000 after buying an additional 632 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of NYSEARCA JMEE opened at $65.11 on Wednesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $48.18 and a fifty-two week high of $67.18. The firm has a market capitalization of $2.11 billion, a P/E ratio of 17.83 and a beta of 1.09. The company’s 50 day simple moving average is $64.27 and its 200 day simple moving average is $62.54.

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.