JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Short Interest Update

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 69,956 shares, a growth of 107.7% from the March 31st total of 33,686 shares. Based on an average daily trading volume, of 154,797 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of NYSEARCA JMEE traded up $0.01 during midday trading on Monday, reaching $72.49. The company’s stock had a trading volume of 105,105 shares, compared to its average volume of 157,065. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 12-month low of $53.11 and a 12-month high of $73.38. The firm has a 50 day moving average price of $68.91 and a 200-day moving average price of $66.73. The stock has a market capitalization of $2.65 billion, a P/E ratio of 17.83 and a beta of 1.07.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the business. PAX Financial Group LLC boosted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 42.9% in the 1st quarter. PAX Financial Group LLC now owns 13,486 shares of the company’s stock worth $900,000 after buying an additional 4,048 shares during the last quarter. Private Advisor Group LLC lifted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 2.5% in the first quarter. Private Advisor Group LLC now owns 107,480 shares of the company’s stock valued at $7,176,000 after purchasing an additional 2,604 shares during the last quarter. Platform Technology Partners purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF in the first quarter valued at approximately $3,653,000. Barnes Pettey Financial Advisors LLC lifted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 198.7% in the first quarter. Barnes Pettey Financial Advisors LLC now owns 56,765 shares of the company’s stock valued at $3,790,000 after purchasing an additional 37,759 shares during the last quarter. Finally, Wagner Wealth Management LLC lifted its stake in JPMorgan Small & Mid Cap Enhanced Equity ETF by 4.5% in the first quarter. Wagner Wealth Management LLC now owns 431,428 shares of the company’s stock valued at $28,806,000 after purchasing an additional 18,561 shares during the last quarter.

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.