JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE Stake Boosted by Allegheny Financial Group

Allegheny Financial Group boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 240.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 47,348 shares of the company’s stock after buying an additional 33,453 shares during the period. Allegheny Financial Group’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $3,161,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. SHP Wealth Management acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter worth approximately $20,520,000. Macco Financial Group Inc. acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the fourth quarter worth $8,387,000. Ruggaard & Associates LLC grew its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.1% during the fourth quarter. Ruggaard & Associates LLC now owns 28,591 shares of the company’s stock valued at $1,841,000 after buying an additional 310 shares in the last quarter. McLaughlin Asset Management Inc. purchased a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $1,678,000. Finally, Axxcess Wealth Management LLC acquired a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $2,898,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF stock opened at $76.38 on Monday. The stock has a 50-day moving average price of $73.39 and a 200 day moving average price of $69.53. The company has a market cap of $2.77 billion, a P/E ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $57.21 and a 1 year high of $77.54.

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.