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

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) shares saw unusually-strong trading volume on Wednesday . Approximately 567,115 shares were traded during mid-day trading, an increase of 157% from the previous session’s volume of 220,289 shares.The stock last traded at $62.43 and had previously closed at $62.61.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 0.3 %

The firm’s 50 day moving average price is $62.91 and its two-hundred day moving average price is $61.11. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07.

Institutional Investors Weigh In On JPMorgan Market Expansion Enhanced Equity ETF

Several institutional investors have recently made changes to their positions in JMEE. Wagner Wealth Management LLC raised its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 8.0% during the 4th quarter. Wagner Wealth Management LLC now owns 335,962 shares of the company’s stock worth $20,316,000 after buying an additional 24,874 shares in the last quarter. Advisory Resource Group lifted its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 3.8% in the 4th quarter. Advisory Resource Group now owns 254,602 shares of the company’s stock valued at $15,396,000 after acquiring an additional 9,285 shares during the last quarter. Strategic Financial Concepts LLC bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the 4th quarter worth $8,258,000. Leo Wealth LLC increased its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 25.5% in the 4th quarter. Leo Wealth LLC now owns 21,399 shares of the company’s stock worth $1,294,000 after purchasing an additional 4,352 shares in the last quarter. Finally, Syntegra Private Wealth Group LLC raised its position in JPMorgan Market Expansion Enhanced Equity ETF by 2.4% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 820,004 shares of the company’s stock valued at $49,586,000 after purchasing an additional 19,327 shares during the last quarter.

About JPMorgan Market Expansion 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.