JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) Sees Large Volume Increase

Shares of JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) saw unusually-high trading volume on Monday . Approximately 10,679 shares changed hands during trading, a decline of 50% from the previous session’s volume of 21,444 shares.The stock last traded at $47.39 and had previously closed at $47.53.

JPMorgan Market Expansion Enhanced Equity ETF Stock Up 4.0 %

The company has a market capitalization of $848.20 million, a P/E ratio of 10.38 and a beta of 1.32. The firm’s 50-day moving average price is $47.92 and its 200 day moving average price is $48.87.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Aspire Wealth Management Corp purchased a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter worth about $40,000. Activest Wealth Management bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the 2nd quarter valued at $60,000. Global Retirement Partners LLC lifted its position in shares of JPMorgan Market Expansion Enhanced Equity ETF by 33.4% during the first quarter. Global Retirement Partners LLC now owns 1,651 shares of the company’s stock worth $77,000 after acquiring an additional 413 shares in the last quarter. PNC Financial Services Group Inc. bought a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth $84,000. Finally, Glass Jacobson Investment Advisors llc bought a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter worth $105,000.

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.