Plan Group Financial LLC Purchases New Shares in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Plan Group Financial LLC acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,922 shares of the company’s stock, valued at approximately $1,327,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Capital Advisors Wealth Management LLC grew its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 3,842.8% during the 3rd quarter. Capital Advisors Wealth Management LLC now owns 202,383 shares of the company’s stock worth $12,837,000 after acquiring an additional 197,250 shares during the period. Great Valley Advisor Group Inc. boosted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 22.5% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 845,752 shares of the company’s stock valued at $50,077,000 after buying an additional 155,064 shares in the last quarter. American Trust purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the second quarter valued at approximately $4,479,000. Cetera Investment Advisers raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 13.9% during the second quarter. Cetera Investment Advisers now owns 579,860 shares of the company’s stock valued at $34,333,000 after buying an additional 70,544 shares during the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 18.2% during the second quarter. Raymond James Financial Inc. now owns 408,759 shares of the company’s stock valued at $24,203,000 after acquiring an additional 62,937 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JMEE opened at $67.62 on Wednesday. The firm has a market cap of $2.22 billion, a PE ratio of 17.83 and a beta of 1.09. The stock has a 50-day moving average price of $64.80 and a 200-day moving average price of $63.11. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $48.18 and a 1 year high of $67.87.

About JPMorgan Small & Mid Cap Enhanced Equity ETF

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.