Janney Montgomery Scott LLC Has $17.78 Million Stock Position in JPMorgan Equity Focus ETF $JPEF

Janney Montgomery Scott LLC lifted its position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 15.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 253,545 shares of the company’s stock after buying an additional 33,772 shares during the quarter. Janney Montgomery Scott LLC owned about 1.14% of JPMorgan Equity Focus ETF worth $17,784,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Fifth Third Bancorp acquired a new position in JPMorgan Equity Focus ETF in the second quarter valued at about $33,000. Hazlett Burt & Watson Inc. bought a new position in JPMorgan Equity Focus ETF in the first quarter valued at about $46,000. 3Chopt Investment Partners LLC bought a new position in JPMorgan Equity Focus ETF in the first quarter valued at about $54,000. Farther Finance Advisors LLC bought a new position in JPMorgan Equity Focus ETF in the second quarter valued at about $55,000. Finally, Continuum Advisory LLC bought a new position in JPMorgan Equity Focus ETF in the first quarter valued at about $56,000.

JPMorgan Equity Focus ETF Stock Up 0.2%

JPMorgan Equity Focus ETF stock opened at $74.28 on Friday. JPMorgan Equity Focus ETF has a 12-month low of $55.46 and a 12-month high of $74.40. The business’s 50-day moving average price is $72.59 and its two-hundred day moving average price is $68.20. The stock has a market cap of $1.60 billion, a PE ratio of 26.67 and a beta of 1.11.

JPMorgan Equity Focus ETF 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.