JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Significant Drop in Short Interest

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 26,300 shares, a decrease of 18.3% from the January 31st total of 32,200 shares. Based on an average daily trading volume, of 147,500 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of JPMorgan Equity Focus ETF

A number of large investors have recently made changes to their positions in JPEF. Blair William & Co. IL purchased a new position in JPMorgan Equity Focus ETF in the 4th quarter worth about $34,000. Comerica Bank bought a new position in JPMorgan Equity Focus ETF in the 4th quarter worth about $123,000. Private Trust Co. NA purchased a new position in shares of JPMorgan Equity Focus ETF during the fourth quarter worth approximately $135,000. Carnegie Lake Advisors LLC bought a new stake in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at approximately $201,000. Finally, Planning Directions Inc. purchased a new stake in shares of JPMorgan Equity Focus ETF in the third quarter valued at approximately $202,000.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ JPEF opened at $65.28 on Wednesday. JPMorgan Equity Focus ETF has a fifty-two week low of $56.49 and a fifty-two week high of $70.16. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 25.48 and a beta of 1.11. The business’s 50 day moving average price is $68.23 and its 200-day moving average price is $67.08.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.3881 dividend. This is a positive change from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date was Tuesday, December 24th.

JPMorgan Equity Focus ETF Company Profile

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.