Short Interest in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Decreases By 53.8%

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 48,895 shares, a decline of 53.8% from the January 15th total of 105,886 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 109,769 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 109,769 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of JPMorgan Small & Mid Cap Enhanced Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its position in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 3.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 204,913 shares of the company’s stock valued at $13,192,000 after buying an additional 5,953 shares during the period. Sfam LLC bought a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter worth approximately $336,000. Steward Partners Investment Advisory LLC lifted its stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF by 100.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,154 shares of the company’s stock worth $203,000 after acquiring an additional 1,580 shares during the last quarter. WealthPLAN Partners LLC purchased a new position in JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at $229,000. Finally, Advisory Resource Group grew its position in JPMorgan Small & Mid Cap Enhanced Equity ETF by 0.6% in the 4th quarter. Advisory Resource Group now owns 244,813 shares of the company’s stock valued at $15,761,000 after acquiring an additional 1,399 shares during the last quarter.

JPMorgan Small & Mid Cap Enhanced Equity ETF Price Performance

Shares of JMEE traded down $0.97 during midday trading on Thursday, hitting $69.32. The stock had a trading volume of 116,989 shares, compared to its average volume of 110,334. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $48.18 and a 1 year high of $71.10. The firm has a market cap of $2.32 billion, a PE ratio of 17.83 and a beta of 1.09. The stock’s 50 day moving average is $66.99 and its 200 day moving average is $64.27.

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