JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) Sees Strong Trading Volume – What’s Next?

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) shares saw unusually-strong trading volume on Friday . Approximately 349,657 shares traded hands during trading, an increase of 151% from the previous session’s volume of 139,530 shares.The stock last traded at $56.23 and had previously closed at $56.62.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

The company has a fifty day simple moving average of $60.19 and a two-hundred day simple moving average of $61.24. The company has a market capitalization of $1.71 billion, a P/E ratio of 17.61 and a beta of 1.22.

Institutional Investors Weigh In On JPMorgan Market Expansion Enhanced Equity ETF

Large investors have recently added to or reduced their stakes in the stock. Nwam LLC bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the third quarter valued at about $2,172,000. Elios Financial Group Inc. acquired a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 3rd quarter worth about $413,000. Benjamin Edwards Inc. bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the 3rd quarter valued at approximately $1,368,000. Stifel Financial Corp grew its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 15.5% in the 3rd quarter. Stifel Financial Corp now owns 61,227 shares of the company’s stock valued at $3,732,000 after buying an additional 8,234 shares during the last quarter. Finally, MML Investors Services LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the 3rd quarter worth approximately $349,000.

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.