JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE – Get Free Report) saw strong trading volume on Wednesday . Approximately 427,513 shares traded hands during mid-day trading, an increase of 214% from the previous session’s volume of 136,352 shares.The stock last traded at $78.66 and had previously closed at $78.32.
JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 0.0%
The company has a market capitalization of $2.94 billion, a P/E ratio of 17.83 and a beta of 1.02. The company’s 50 day moving average is $77.02 and its 200-day moving average is $72.74.
Hedge Funds Weigh In On JPMorgan Small & Mid Cap Enhanced Equity ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Smartleaf Asset Management LLC bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter worth approximately $26,000. Fifth Third Bancorp purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter worth approximately $27,000. Pinnacle Bancorp Inc. bought a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 1st quarter valued at approximately $38,000. Root Financial Partners LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $75,000. Finally, Garton & Associates Financial Advisors LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $89,000.
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.
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