JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) Sets New 1-Year High at $58.84

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE)’s stock price hit a new 52-week high on Thursday . The company traded as high as $58.84 and last traded at $58.46, with a volume of 3039 shares trading hands. The stock had previously closed at $58.34.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 10.38 and a beta of 1.32. The business’s 50-day moving average is $55.04 and its two-hundred day moving average is $51.63.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of JMEE. Leo Wealth LLC acquired a new position in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter valued at approximately $2,338,000. O Dell Group LLC bought a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth approximately $370,000. Ruggaard & Associates LLC grew its position in JPMorgan Market Expansion Enhanced Equity ETF by 8.6% during the fourth quarter. Ruggaard & Associates LLC now owns 30,389 shares of the company’s stock valued at $1,632,000 after acquiring an additional 2,404 shares during the last quarter. Royal Bank of Canada lifted its stake in JPMorgan Market Expansion Enhanced Equity ETF by 503.9% in the fourth quarter. Royal Bank of Canada now owns 39,700 shares of the company’s stock worth $2,132,000 after acquiring an additional 33,126 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in JPMorgan Market Expansion Enhanced Equity ETF in the fourth quarter worth $777,000.

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.