Royal Bank of Canada Has $12.30 Million Holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Royal Bank of Canada grew its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 20.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 184,225 shares of the company’s stock after buying an additional 30,904 shares during the period. Royal Bank of Canada’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $12,300,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in JMEE. LPL Financial LLC grew its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.3% during the fourth quarter. LPL Financial LLC now owns 1,950,272 shares of the company’s stock valued at $125,558,000 after buying an additional 133,225 shares during the last quarter. Crestwood Advisors Group LLC boosted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.3% in the 4th quarter. Crestwood Advisors Group LLC now owns 994,466 shares of the company’s stock worth $64,024,000 after buying an additional 58,599 shares during the last quarter. CWM LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 121.6% during the 4th quarter. CWM LLC now owns 958,735 shares of the company’s stock worth $61,723,000 after purchasing an additional 526,040 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 3.1% during the 1st quarter. Cetera Investment Advisers now owns 680,755 shares of the company’s stock valued at $45,454,000 after buying an additional 20,481 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 53.3% in the first quarter. Bank of New York Mellon Corp now owns 562,789 shares of the company’s stock worth $37,577,000 after purchasing an additional 195,694 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $78.96 on Friday. The business has a fifty day moving average price of $76.40 and a 200-day moving average price of $72.17. The firm has a market capitalization of $2.96 billion, a P/E ratio of 17.83 and a beta of 1.02. JPMorgan Small & Mid Cap Enhanced Equity ETF has a one year low of $59.65 and a one year high of $79.07.

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.