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

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 211,313 shares, a growth of 124.0% from the May 14th total of 94,321 shares. Based on an average daily trading volume, of 122,964 shares, the short-interest ratio is presently 1.7 days. Currently, 0.6% of the company’s stock are sold short.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 0.8%

Shares of NYSEARCA:JMEE traded up $0.62 during trading on Friday, reaching $76.46. The stock had a trading volume of 66,228 shares, compared to its average volume of 149,296. JPMorgan Small & Mid Cap Enhanced Equity ETF has a one year low of $57.14 and a one year high of $76.87. The company has a market capitalization of $2.78 billion, a P/E ratio of 17.83 and a beta of 1.04. The firm’s 50-day simple moving average is $72.58 and its 200 day simple moving average is $69.13.

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

A number of institutional investors have recently bought and sold shares of the business. Curry Webb Wealth Management LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 1st quarter worth approximately $2,419,000. NewEdge Advisors LLC raised its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 164.0% during the 1st quarter. NewEdge Advisors LLC now owns 21,650 shares of the company’s stock worth $1,446,000 after buying an additional 13,450 shares during the last quarter. Cozad Asset Management Inc. raised its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 9.1% during the 1st quarter. Cozad Asset Management Inc. now owns 6,212 shares of the company’s stock worth $415,000 after buying an additional 519 shares during the last quarter. Verus Capital Partners LLC raised its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 5.8% during the 1st quarter. Verus Capital Partners LLC now owns 272,585 shares of the company’s stock worth $18,201,000 after buying an additional 14,846 shares during the last quarter. Finally, Arete Wealth Advisors LLC raised its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 145.7% during the 1st quarter. Arete Wealth Advisors LLC now owns 23,066 shares of the company’s stock worth $1,537,000 after buying an additional 13,677 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.