JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Short Interest Update

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 202,052 shares, a growth of 114.8% from the August 31st total of 94,080 shares. Based on an average daily volume of 103,433 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.5% of the company’s stock are short sold.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of NYSEARCA:JMEE opened at $73.96 on Wednesday. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $60.74 and a 1 year high of $79.93. The company has a market cap of $2.91 billion, a P/E ratio of 17.83 and a beta of 1.02. The stock’s fifty day moving average price is $76.65 and its 200-day moving average price is $74.12.

Institutional Trading of JPMorgan Small & Mid Cap Enhanced Equity ETF

A number of institutional investors have recently made changes to their positions in JMEE. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the 1st quarter worth approximately $38,000. Root Financial Partners LLC purchased a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at $75,000. Capital Analysts LLC lifted its holdings in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 110.2% during the 2nd quarter. Capital Analysts LLC now owns 1,068 shares of the company’s stock valued at $83,000 after buying an additional 560 shares during the period. Signal Advisors Wealth LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 1st quarter valued at $221,000. Finally, Breakwater Capital Group boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.0% in the 1st quarter. Breakwater Capital Group now owns 3,622 shares of the company’s stock worth $242,000 after buying an additional 172 shares during the last quarter.

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.