Tennessee Valley Asset Management Partners Takes Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Tennessee Valley Asset Management Partners purchased a new stake in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 3,026 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds also recently bought and sold shares of JPEF. Beaumont Financial Advisors LLC lifted its position in shares of JPMorgan Equity Focus ETF by 31.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock worth $31,339,000 after acquiring an additional 111,342 shares in the last quarter. Castle Wealth Management LLC raised its stake in shares of JPMorgan Equity Focus ETF by 742.6% during the 3rd quarter. Castle Wealth Management LLC now owns 71,040 shares of the company’s stock valued at $4,655,000 after purchasing an additional 62,609 shares during the period. Janney Montgomery Scott LLC lifted its holdings in JPMorgan Equity Focus ETF by 56.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 156,736 shares of the company’s stock worth $10,519,000 after purchasing an additional 56,459 shares in the last quarter. MONECO Advisors LLC boosted its stake in JPMorgan Equity Focus ETF by 107.3% in the 3rd quarter. MONECO Advisors LLC now owns 94,974 shares of the company’s stock worth $6,224,000 after purchasing an additional 49,160 shares during the period. Finally, Cetera Investment Advisers grew its holdings in JPMorgan Equity Focus ETF by 91.8% during the 2nd quarter. Cetera Investment Advisers now owns 87,003 shares of the company’s stock valued at $5,426,000 after buying an additional 41,630 shares in the last quarter.

JPMorgan Equity Focus ETF Trading Down 0.1 %

Shares of JPMorgan Equity Focus ETF stock opened at $69.90 on Monday. The company’s 50-day moving average price is $68.51 and its 200-day moving average price is $65.94. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 12-month low of $54.15 and a 12-month high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

The company 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. The ex-dividend date was Tuesday, December 24th. This is a boost from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

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.