JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Reaches New 52-Week High – Here’s Why

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $73.40 and last traded at $73.24, with a volume of 13315 shares. The stock had previously closed at $72.55.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 1.5%

The firm has a market capitalization of $2.67 billion, a P/E ratio of 17.83 and a beta of 1.05. The business has a 50 day moving average of $69.01 and a 200-day moving average of $66.94.

Institutional Investors Weigh In On JPMorgan Small & Mid Cap Enhanced Equity ETF

Several large investors have recently made changes to their positions in JMEE. Smartleaf Asset Management LLC acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at approximately $26,000. Fifth Third Bancorp acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at approximately $27,000. Main Street Group LTD acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 3rd quarter valued at approximately $30,000. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter valued at approximately $38,000. Finally, Godsey & Gibb Inc. acquired a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at approximately $45,000.

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. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.