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

Shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) saw an uptick in trading volume on Friday . 68,017 shares were traded during trading, an increase of 20% from the previous session’s volume of 56,778 shares.The stock last traded at $60.57 and had previously closed at $60.34.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

The stock’s fifty day moving average is $63.16 and its two-hundred day moving average is $60.38. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07.

Hedge Funds Weigh In On JPMorgan Market Expansion Enhanced Equity ETF

Hedge funds have recently bought and sold shares of the company. Syntegra Private Wealth Group LLC purchased a new position in JPMorgan Market Expansion Enhanced Equity ETF in the third quarter worth $48,809,000. Advisory Resource Group purchased a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the 3rd quarter worth about $14,955,000. LPL Financial LLC grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 23.8% during the second quarter. LPL Financial LLC now owns 823,727 shares of the company’s stock valued at $46,656,000 after buying an additional 158,402 shares during the period. CWM LLC raised its position in JPMorgan Market Expansion Enhanced Equity ETF by 56.1% in the third quarter. CWM LLC now owns 346,824 shares of the company’s stock worth $21,142,000 after acquiring an additional 124,646 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in JPMorgan Market Expansion Enhanced Equity ETF by 315.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 153,904 shares of the company’s stock valued at $8,717,000 after acquiring an additional 116,830 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.