Cambridge Investment Research Advisors Inc. Buys 1,710 Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE)

Cambridge Investment Research Advisors Inc. grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) by 5.9% in the first quarter, Holdings Channel reports. The fund owned 30,553 shares of the company’s stock after acquiring an additional 1,710 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF were worth $1,710,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Comerica Bank increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 16.2% in the fourth quarter. Comerica Bank now owns 1,648 shares of the company’s stock valued at $100,000 after purchasing an additional 230 shares during the period. IFP Advisors Inc increased its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 32.5% in the fourth quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $58,000 after purchasing an additional 234 shares in the last quarter. Adamsbrown Wealth Consultants LLC raised its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 6.5% during the 1st quarter. Adamsbrown Wealth Consultants LLC now owns 4,106 shares of the company’s stock worth $230,000 after buying an additional 249 shares during the period. Prosperity Wealth Management Inc. raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 8.3% during the fourth quarter. Prosperity Wealth Management Inc. now owns 4,016 shares of the company’s stock worth $243,000 after purchasing an additional 309 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 70.0% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 799 shares of the company’s stock worth $48,000 after buying an additional 329 shares during the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance

Shares of NYSEARCA JMEE opened at $60.52 on Thursday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $48.18 and a fifty-two week high of $66.89. The firm’s 50-day simple moving average is $57.31 and its 200 day simple moving average is $58.13. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 16.24 and a beta of 1.32.

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.