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

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) saw unusually-high trading volume on Tuesday . Approximately 773,188 shares were traded during trading, an increase of 179% from the previous session’s volume of 277,243 shares.The stock last traded at $55.26 and had previously closed at $55.81.

JPMorgan Market Expansion Enhanced Equity ETF Price Performance

The company has a market cap of $1.66 billion, a PE ratio of 17.61 and a beta of 1.22. The stock has a 50 day simple moving average of $60.64 and a two-hundred day simple moving average of $61.36.

Institutional Trading of JPMorgan Market Expansion Enhanced Equity ETF

A number of large investors have recently bought and sold shares of the business. Destiny Wealth Partners LLC raised its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 0.3% in the fourth quarter. Destiny Wealth Partners LLC now owns 60,503 shares of the company’s stock valued at $3,659,000 after buying an additional 176 shares during the last quarter. Breakwater Capital Group increased its stake in JPMorgan Market Expansion Enhanced Equity ETF by 6.0% in the 4th quarter. Breakwater Capital Group now owns 4,002 shares of the company’s stock valued at $242,000 after buying an additional 225 shares during the period. Comerica Bank raised its position in JPMorgan Market Expansion Enhanced Equity ETF by 16.2% during the 4th quarter. Comerica Bank now owns 1,648 shares of the company’s stock worth $100,000 after buying an additional 230 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 32.5% in the 4th quarter. IFP Advisors Inc now owns 953 shares of the company’s stock worth $58,000 after acquiring an additional 234 shares during the period. Finally, Prosperity Wealth Management Inc. lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 8.3% in the 4th quarter. Prosperity Wealth Management Inc. now owns 4,016 shares of the company’s stock worth $243,000 after acquiring an additional 309 shares during the period.

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.