88,358 Shares in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Acquired by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 88,358 shares of the company’s stock, valued at approximately $6,501,000. JPMorgan Small & Mid Cap Enhanced Equity ETF accounts for 1.2% of Commonwealth Financial Services LLC’s portfolio, making the stock its 18th largest position. Commonwealth Financial Services LLC owned about 0.23% of JPMorgan Small & Mid Cap Enhanced Equity ETF at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JMEE. Arkadios Wealth Advisors purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the first quarter worth $27,215,000. Bank of New York Mellon Corp lifted its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 53.3% in the 1st quarter. Bank of New York Mellon Corp now owns 562,789 shares of the company’s stock valued at $37,577,000 after acquiring an additional 195,694 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 2nd quarter valued at $8,594,000. Legacy Private Trust Co. bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the third quarter valued at $6,655,000. Finally, Platform Technology Partners purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter worth about $3,653,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JMEE traded up $0.55 during mid-day trading on Tuesday, hitting $73.96. 90,084 shares of the company traded hands, compared to its average volume of 135,562. The stock has a 50-day moving average price of $75.85 and a two-hundred day moving average price of $74.92. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $60.74 and a 1 year high of $79.93. The stock has a market cap of $2.89 billion, a price-to-earnings ratio of 17.83 and a beta of 1.03.

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.