Short Interest in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Declines By 84.8%

by · The Cerbat Gem

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 25,960 shares, a decrease of 84.8% from the June 30th total of 170,421 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 136,973 shares, the short-interest ratio is currently 0.2 days.

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

Institutional investors have recently modified their holdings of the stock. Smartleaf Asset Management LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth $26,000. Fifth Third Bancorp bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF in the 4th quarter valued at about $27,000. Pinnacle Bancorp Inc. bought a new position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the first quarter valued at approximately $38,000. Godsey & Gibb Inc. purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at approximately $45,000. Finally, Root Financial Partners LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at approximately $75,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Stock Up 0.2%

JMEE stock traded up $0.18 during trading on Friday, hitting $76.59. The company had a trading volume of 55,568 shares, compared to its average volume of 142,303. The firm has a market capitalization of $2.86 billion, a P/E ratio of 17.83 and a beta of 1.02. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 52-week low of $58.33 and a 52-week high of $78.23. The company has a 50 day simple moving average of $75.62 and a 200-day simple moving average of $71.48.

JPMorgan Small & Mid Cap Enhanced Equity ETF Company Profile

(Get Free Report)

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.

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