JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) Sets New 12-Month High – What’s Next?

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEEGet Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $64.02 and last traded at $63.97, with a volume of 5251 shares trading hands. The stock had previously closed at $61.60.

JPMorgan Market Expansion Enhanced Equity ETF Trading Up 4.6 %

The company has a market cap of $1.21 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07. The business’s 50 day moving average price is $60.25 and its 200-day moving average price is $58.43.

Institutional Investors Weigh In On JPMorgan Market Expansion Enhanced Equity ETF

A number of institutional investors have recently made changes to their positions in JMEE. Hazlett Burt & Watson Inc. lifted its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 76.0% during the 2nd quarter. Hazlett Burt & Watson Inc. now owns 1,760 shares of the company’s stock worth $99,000 after purchasing an additional 760 shares during the last quarter. Modus Advisors LLC acquired a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the third quarter worth $202,000. Envestnet Portfolio Solutions Inc. bought a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the first quarter valued at about $215,000. Ascent Group LLC acquired a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter valued at about $221,000. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter valued at about $232,000.

JPMorgan Market Expansion Enhanced Equity ETF Company Profile

(Get Free Report)

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.

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