JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Sees Large Volume Increase – Here’s What Happened

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) shares saw strong trading volume on Monday . 339,856 shares changed hands during mid-day trading, an increase of 174% from the previous session’s volume of 124,143 shares.The stock last traded at $66.57 and had previously closed at $65.81.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

The firm has a market capitalization of $2.22 billion, a P/E ratio of 17.83 and a beta of 1.09. The company has a fifty day moving average of $68.62 and a 200 day moving average of $65.55.

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

A number of institutional investors have recently modified their holdings of the company. Smartleaf Asset Management LLC bought a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth $26,000. Fifth Third Bancorp acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth about $27,000. Main Street Group LTD bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 3rd quarter worth about $30,000. Banco de Sabadell S.A bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 2nd quarter worth about $31,000. Finally, Godsey & Gibb Inc. acquired a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $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.