JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Reaches New 12-Month High – Here’s What Happened

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE)’s share price hit a new 52-week high on Wednesday . The company traded as high as $74.91 and last traded at $74.69, with a volume of 9145 shares. The stock had previously closed at $74.62.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Down 0.1%

The business’s 50-day moving average is $70.40 and its two-hundred day moving average is $68.02. The stock has a market capitalization of $2.71 billion, a PE ratio of 17.83 and a beta of 1.05.

Hedge Funds Weigh In On JPMorgan Small & Mid Cap Enhanced Equity ETF

Large investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth about $26,000. Fifth Third Bancorp acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth about $27,000. Main Street Group LTD acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the third quarter worth about $30,000. Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the first quarter worth about $38,000. Finally, Godsey & Gibb Inc. acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter worth about $45,000.

JPMorgan Small & Mid Cap 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. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.