JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Stake Reduced by Freedom Financial Partners LLC

Freedom Financial Partners LLC cut its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 42.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,746 shares of the company’s stock after selling 9,517 shares during the period. Freedom Financial Partners LLC’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $851,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in JMEE. Smartleaf Asset Management LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth about $26,000. Fifth Third Bancorp bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $27,000. Godsey & Gibb Inc. acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the fourth quarter valued at approximately $45,000. Root Financial Partners LLC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at approximately $75,000. Finally, Garton & Associates Financial Advisors LLC bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at $89,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JMEE stock opened at $76.38 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $57.21 and a 1 year high of $77.54. The stock has a fifty day moving average of $73.39 and a two-hundred day moving average of $69.50. The firm has a market capitalization of $2.77 billion, a PE ratio of 17.83 and a beta of 1.04.

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.