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

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) saw an uptick in trading volume on Tuesday . 230,982 shares traded hands during trading, an increase of 172% from the previous session’s volume of 85,003 shares.The stock last traded at $56.76 and had previously closed at $55.83.

JPMorgan Market Expansion Enhanced Equity ETF Stock Performance

The firm’s 50 day moving average is $57.48 and its 200-day moving average is $56.46. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 15.13 and a beta of 1.07.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Flynn Zito Capital Management LLC acquired a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF during the 2nd quarter valued at about $6,434,000. Private Advisor Group LLC grew its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 6.1% in the second quarter. Private Advisor Group LLC now owns 16,999 shares of the company’s stock valued at $963,000 after purchasing an additional 981 shares during the period. Commonwealth Equity Services LLC grew its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 40.8% in the second quarter. Commonwealth Equity Services LLC now owns 39,570 shares of the company’s stock valued at $2,241,000 after purchasing an additional 11,459 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan Market Expansion Enhanced Equity ETF in the second quarter valued at approximately $2,181,000. Finally, Zimmermann Investment Management & Planning LLC raised its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 23.5% during the 2nd quarter. Zimmermann Investment Management & Planning LLC now owns 30,850 shares of the company’s stock worth $1,747,000 after buying an additional 5,865 shares during the period.

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.