JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Short Interest Up 275.0% in December

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totaling 104,986 shares, a growth of 275.0% from the November 30th total of 27,993 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 114,512 shares, the short-interest ratio is currently 0.9 days. Based on an average daily trading volume, of 114,512 shares, the short-interest ratio is currently 0.9 days. Currently, 0.3% of the shares of the stock are short sold.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 0.3%

NYSEARCA:JMEE traded up $0.18 during mid-day trading on Thursday, hitting $65.83. 56,398 shares of the company’s stock were exchanged, compared to its average volume of 151,905. JPMorgan Small & Mid Cap Enhanced Equity ETF has a fifty-two week low of $48.18 and a fifty-two week high of $67.18. The company has a 50 day simple moving average of $64.09 and a 200-day simple moving average of $62.31. The firm has a market capitalization of $2.13 billion, a P/E ratio of 17.83 and a beta of 1.09.

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

A number of institutional investors have recently made changes to their positions in JMEE. Capital Advisors Wealth Management LLC raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 3,842.8% during the third quarter. Capital Advisors Wealth Management LLC now owns 202,383 shares of the company’s stock worth $12,837,000 after acquiring an additional 197,250 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 115.3% in the 1st quarter. Raymond James Financial Inc. now owns 345,822 shares of the company’s stock worth $19,359,000 after acquiring an additional 185,164 shares in the last quarter. Great Valley Advisor Group Inc. lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 22.5% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 845,752 shares of the company’s stock valued at $50,077,000 after purchasing an additional 155,064 shares during the period. Tcfg Wealth Management LLC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the third quarter worth approximately $7,066,000. Finally, Verus Capital Partners LLC increased its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 74.7% in the third quarter. Verus Capital Partners LLC now owns 230,899 shares of the company’s stock worth $14,646,000 after purchasing an additional 98,753 shares in the last quarter.

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.