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

JPMorgan Market Expansion Enhanced Equity ETF (NYSEARCA:JMEE) saw unusually-high trading volume on Tuesday . Approximately 773,188 shares were traded during mid-day trading, an increase of 179% from the previous session’s volume of 277,243 shares.The stock last traded at $55.26 and had previously closed at $55.81.

JPMorgan Market Expansion Enhanced Equity ETF Trading Down 0.4 %

The stock’s 50 day moving average is $60.95 and its 200 day moving average is $61.49. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 17.61 and a beta of 1.22.

Institutional Trading of JPMorgan Market Expansion Enhanced Equity ETF

Large investors have recently modified their holdings of the business. LPL Financial LLC raised its holdings in JPMorgan Market Expansion Enhanced Equity ETF by 38.9% in the 4th quarter. LPL Financial LLC now owns 1,528,202 shares of the company’s stock valued at $92,410,000 after acquiring an additional 427,626 shares during the last quarter. Syntegra Private Wealth Group LLC boosted its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 2.4% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 820,004 shares of the company’s stock valued at $49,586,000 after purchasing an additional 19,327 shares during the last quarter. CGC Financial Services LLC grew its stake in shares of JPMorgan Market Expansion Enhanced Equity ETF by 4.4% during the 4th quarter. CGC Financial Services LLC now owns 341,282 shares of the company’s stock valued at $20,637,000 after buying an additional 14,227 shares during the period. Wagner Wealth Management LLC increased its holdings in shares of JPMorgan Market Expansion Enhanced Equity ETF by 8.0% during the 4th quarter. Wagner Wealth Management LLC now owns 335,962 shares of the company’s stock worth $20,316,000 after buying an additional 24,874 shares during the last quarter. Finally, Total Wealth Planning LLC purchased a new position in shares of JPMorgan Market Expansion Enhanced Equity ETF in the 4th quarter worth $20,288,000.

About JPMorgan Market Expansion Enhanced Equity ETF

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.