Concurrent Investment Advisors LLC Purchases New Shares in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Concurrent Investment Advisors LLC bought a new position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 3,024 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds have also recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in JPMorgan Equity Focus ETF by 1.9% during the fourth quarter. Private Advisor Group LLC now owns 8,642 shares of the company’s stock worth $580,000 after acquiring an additional 164 shares during the last quarter. World Investment Advisors LLC boosted its holdings in shares of JPMorgan Equity Focus ETF by 1.7% in the 3rd quarter. World Investment Advisors LLC now owns 12,994 shares of the company’s stock worth $852,000 after purchasing an additional 221 shares during the period. Good Life Advisors LLC increased its position in shares of JPMorgan Equity Focus ETF by 2.2% during the 4th quarter. Good Life Advisors LLC now owns 18,686 shares of the company’s stock valued at $1,254,000 after purchasing an additional 407 shares during the last quarter. Fifth Third Securities Inc. raised its holdings in JPMorgan Equity Focus ETF by 1.1% during the 4th quarter. Fifth Third Securities Inc. now owns 89,274 shares of the company’s stock valued at $5,991,000 after buying an additional 980 shares during the period. Finally, Capital Advisors Wealth Management LLC lifted its position in JPMorgan Equity Focus ETF by 18.3% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 7,306 shares of the company’s stock worth $490,000 after buying an additional 1,131 shares during the last quarter.

JPMorgan Equity Focus ETF Trading Up 0.4 %

Shares of JPEF opened at $67.48 on Thursday. JPMorgan Equity Focus ETF has a twelve month low of $56.49 and a twelve month high of $70.16. The company has a market cap of $1.22 billion, a P/E ratio of 25.48 and a beta of 1.11. The company’s fifty day simple moving average is $68.29 and its 200-day simple moving average is $66.95.

JPMorgan Equity Focus ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.3881 per share. This is an increase from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date was Tuesday, December 24th.

About JPMorgan Equity Focus ETF

The JPMorgan Equity Focus ETF (JPEF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of US stocks. Selection integrates ESG factors to their bottom-up fundamental analysis. JPEF was launched on Jul 28, 2023 and is issued by JPMorgan Chase.