JPMorgan Chase & Co. Reduces Stock Holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

JPMorgan Chase & Co. lowered its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 20.8% during the 4th quarter, HoldingsChannel.com reports. The fund owned 42,075 shares of the company’s stock after selling 11,042 shares during the quarter. JPMorgan Chase & Co.’s holdings in JPMorgan Equity Focus ETF were worth $2,824,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Private Advisor Group LLC lifted its position in shares of JPMorgan Equity Focus ETF by 1.9% in the 4th quarter. Private Advisor Group LLC now owns 8,642 shares of the company’s stock worth $580,000 after purchasing an additional 164 shares during the period. World Investment Advisors LLC lifted its holdings in JPMorgan Equity Focus ETF by 1.7% in the third quarter. World Investment Advisors LLC now owns 12,994 shares of the company’s stock worth $852,000 after buying an additional 221 shares during the period. Good Life Advisors LLC boosted its position in 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 acquiring an additional 407 shares in the last quarter. Fifth Third Securities Inc. grew its holdings in shares of 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 worth $5,991,000 after acquiring an additional 980 shares during the period. Finally, Capital Advisors Wealth Management LLC raised its position in shares of JPMorgan Equity Focus ETF by 18.3% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 7,306 shares of the company’s stock worth $490,000 after acquiring an additional 1,131 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Up 2.6 %

JPEF opened at $60.24 on Wednesday. JPMorgan Equity Focus ETF has a 52 week low of $55.46 and a 52 week high of $70.16. The stock has a market cap of $1.24 billion, a PE ratio of 23.60 and a beta of 1.11. The business has a 50 day moving average of $63.79 and a 200-day moving average of $66.57.

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.