Bank of New York Mellon Corp Purchases 195,694 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF $JMEE

Bank of New York Mellon Corp increased its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 53.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 562,789 shares of the company’s stock after buying an additional 195,694 shares during the quarter. Bank of New York Mellon Corp’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $37,577,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC increased its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 7.3% in the fourth 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 during the period. Crestwood Advisors Group LLC boosted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.3% during the 4th quarter. Crestwood Advisors Group LLC now owns 994,466 shares of the company’s stock valued at $64,024,000 after purchasing an additional 58,599 shares during the period. CWM LLC grew its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 121.6% in the 4th quarter. CWM LLC now owns 958,735 shares of the company’s stock valued at $61,723,000 after buying an additional 526,040 shares during the last quarter. Cetera Investment Advisers grew its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 19.9% in the 4th quarter. Cetera Investment Advisers now owns 660,274 shares of the company’s stock valued at $42,508,000 after buying an additional 109,404 shares during the last quarter. Finally, Raymond James Financial Inc. increased its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 9.9% in the 3rd quarter. Raymond James Financial Inc. now owns 449,211 shares of the company’s stock worth $28,493,000 after buying an additional 40,452 shares during the period.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Up 0.2%

Shares of JMEE stock opened at $76.59 on Friday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12 month low of $58.33 and a 12 month high of $78.23. The firm has a market cap of $2.86 billion, a PE ratio of 17.83 and a beta of 1.02. The stock has a 50 day moving average of $75.62 and a 200-day moving average of $71.48.

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.