Great Valley Advisor Group Inc. Decreases Stock Holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Great Valley Advisor Group Inc. trimmed its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 37.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 538,219 shares of the company’s stock after selling 316,568 shares during the quarter. Great Valley Advisor Group Inc. owned 1.61% of JPMorgan Small & Mid Cap Enhanced Equity ETF worth $34,650,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Advisory Resource Group increased its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 0.6% during the 4th quarter. Advisory Resource Group now owns 244,813 shares of the company’s stock valued at $15,761,000 after purchasing an additional 1,399 shares during the period. LPL Financial LLC boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.3% in the 4th quarter. LPL Financial LLC now owns 1,950,272 shares of the company’s stock worth $125,558,000 after purchasing an additional 133,225 shares in the last quarter. Tradition Wealth Management LLC boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.0% in the 4th quarter. Tradition Wealth Management LLC now owns 118,511 shares of the company’s stock worth $7,630,000 after purchasing an additional 4,521 shares in the last quarter. Vise Technologies Inc. bought a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter worth about $625,000. Finally, Verus Capital Partners LLC boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 11.6% in the 4th quarter. Verus Capital Partners LLC now owns 257,739 shares of the company’s stock worth $16,593,000 after purchasing an additional 26,840 shares in the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $75.84 on Friday. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 17.83 and a beta of 1.04. The firm’s 50-day moving average is $72.39 and its 200 day moving average is $69.03. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $57.14 and a 1 year high of $75.86.

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.