Shares of JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $73.32 and traded as high as $75.66. JPMorgan Small & Mid Cap Enhanced Equity ETF shares last traded at $75.31, with a volume of 137,773 shares trading hands.
JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Performance
The stock’s fifty day moving average is $74.73 and its two-hundred day moving average is $73.39. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 18.42 and a beta of 1.02.
Hedge Funds Weigh In On JPMorgan Small & Mid Cap Enhanced Equity ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 25.3% during the third quarter. IFP Advisors Inc now owns 936 shares of the company’s stock valued at $69,000 after acquiring an additional 189 shares in the last quarter. Western Wealth Management LLC lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 1.9% in the third quarter. Western Wealth Management LLC now owns 11,589 shares of the company’s stock worth $853,000 after acquiring an additional 215 shares in the last quarter. Luts & Greenleigh Group Inc. lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.7% in the first quarter. Luts & Greenleigh Group Inc. now owns 5,115 shares of the company’s stock worth $342,000 after acquiring an additional 231 shares in the last quarter. Harbour Investments Inc. purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the third quarter valued at about $26,000. Finally, Simplicity Wealth LLC boosted its holdings in JPMorgan Small & Mid Cap Enhanced Equity ETF by 12.3% in the third quarter. Simplicity Wealth LLC now owns 3,630 shares of the company’s stock valued at $267,000 after purchasing an additional 399 shares during 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.
Read More
- Five stocks we like better than JPMorgan Small & Mid Cap Enhanced Equity ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for JPMorgan Small & Mid Cap Enhanced Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Small & Mid Cap Enhanced Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.
