Ownership history in Smith & Howard Wealth Management, LLC Β· 10 quarters on record
This page tracks every 13F SEC filing in which Smith & Howard Wealth Management, LLC reported a position in J P MORGAN EXCHANGE TRADED F (JMUB). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β sourced directly from SEC EDGAR 13F filings.
π Smith & Howard Wealth Management, LLC underperformed the S&P 500 by β17.1% annually on this JMUB position. Timing score: 38% (3/8 decisions correct). Average cost basis: $47.92. Maximum drawdown during holding period: β1.1%.
β Significantly underperformed the S&P 500 by 17.1% ann.
8 quarters analyzed
β οΈ Poor timing β buys often preceded drops, trims preceded rallies.
3 of 8 add/trim decisions correct
Best entry: $47.29 (2024 Q1) Β· Worst: $50.21 (2025 Q4)
π No drawdown exceeding 20% during the holding period β exceptionally stable.
6 adds Β· 4 trims. Bought during 1 of 1 down-price quarters. π More buys than sells across the holding period.
π Portfolio weight has been declining in recent quarters. Possible distribution phase.
Currently 4.8% of portfolio
β Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ 4 (annualised). Not investment advice.