JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) Sees Large Volume Increase – Here’s Why

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) shares saw unusually-high trading volume on Friday . Approximately 265,568 shares changed hands during trading, an increase of 187% from the previous session’s volume of 92,645 shares.The stock last traded at $64.21 and had previously closed at $64.34.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 0.6 %

The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07. The firm has a 50-day moving average of $63.09 and a two-hundred day moving average of $59.90.

Hedge Funds Weigh In On JPMorgan Market Expansion Enhanced Equity ETF

Hedge funds have recently modified their holdings of the stock. LPL Financial LLC grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 23.8% during the 2nd quarter. LPL Financial LLC now owns 823,727 shares of the company’s stock worth $46,656,000 after acquiring an additional 158,402 shares during the last quarter. Syntegra Private Wealth Group LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 3rd quarter valued at $48,809,000. CWM LLC boosted its position in JPMorgan Market Expansion Enhanced Equity ETF by 56.1% in the 3rd quarter. CWM LLC now owns 346,824 shares of the company’s stock valued at $21,142,000 after buying an additional 124,646 shares during the last quarter. Wagner Wealth Management LLC boosted its position in JPMorgan Market Expansion Enhanced Equity ETF by 8.0% in the 3rd quarter. Wagner Wealth Management LLC now owns 311,088 shares of the company’s stock valued at $18,964,000 after buying an additional 22,964 shares during the last quarter. Finally, Advisory Resource Group bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 3rd quarter valued at $14,955,000.

JPMorgan Market Expansion 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.