JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) Sees Strong Trading Volume – Should You Buy?

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEEGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 176,801 shares traded hands during mid-day trading, an increase of 19% from the previous session’s volume of 148,838 shares.The stock last traded at $52.86 and had previously closed at $52.48.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 0.6 %

The company has a market capitalization of $1.56 billion, a PE ratio of 16.00 and a beta of 1.20. The stock has a fifty day moving average of $56.61 and a two-hundred day moving average of $60.43.

Hedge Funds Weigh In On JPMorgan Market Expansion Enhanced Equity ETF

Hedge funds have recently modified their holdings of the company. MML Investors Services LLC bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF during the 3rd quarter valued at about $349,000. Envestnet Portfolio Solutions Inc. lifted its position in JPMorgan Market Expansion Enhanced Equity ETF by 12.2% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 11,739 shares of the company’s stock valued at $710,000 after acquiring an additional 1,278 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the 4th quarter worth $9,715,000. IFP Advisors Inc lifted its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 32.5% during the fourth quarter. IFP Advisors Inc now owns 953 shares of the company’s stock valued at $58,000 after purchasing an additional 234 shares in the last quarter. Finally, Avantax Advisory Services Inc. bought a new stake in JPMorgan Market Expansion Enhanced Equity ETF in the 4th quarter worth about $1,415,000.

About JPMorgan Market Expansion Enhanced Equity ETF

(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.

See Also

Receive News & Ratings for JPMorgan Market Expansion Enhanced Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Market Expansion Enhanced Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.