LPL Financial LLC increased its holdings in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF – Free Report) by 7.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 684,680 shares of the company’s stock after acquiring an additional 46,491 shares during the period. LPL Financial LLC owned approximately 4.13% of JPMorgan Equity Focus ETF worth $45,949,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently modified their holdings of JPEF. Private Trust Co. NA purchased a new position in JPMorgan Equity Focus ETF during the fourth quarter worth approximately $135,000. Carnegie Lake Advisors LLC purchased a new position in shares of JPMorgan Equity Focus ETF during the 4th quarter valued at approximately $201,000. Institute for Wealth Management LLC. purchased a new position in shares of JPMorgan Equity Focus ETF during the 4th quarter valued at approximately $202,000. Concurrent Investment Advisors LLC acquired a new stake in JPMorgan Equity Focus ETF in the 4th quarter valued at $203,000. Finally, Tennessee Valley Asset Management Partners purchased a new stake in JPMorgan Equity Focus ETF in the 4th quarter worth $203,000.
JPMorgan Equity Focus ETF Stock Down 0.6 %
JPEF opened at $64.46 on Friday. The firm’s fifty day simple moving average is $67.04 and its two-hundred day simple moving average is $67.11. JPMorgan Equity Focus ETF has a 52-week low of $56.49 and a 52-week high of $70.16. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 24.28 and a beta of 1.11.
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.
Further Reading
- Five stocks we like better than JPMorgan Equity Focus ETF
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to Sell
- What is the S&P 500 and How It is Distinct from Other Indexes
- Top 3 Beverage Stocks Pouring Out Profits
- Best Stocks Under $10.00
- CarMax and Carvana: Steering the Used Car Market
Want to see what other hedge funds are holding JPEF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Focus ETF (NASDAQ:JPEF – Free Report).
Receive News & Ratings for JPMorgan Equity Focus ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Focus ETF and related companies with MarketBeat.com's FREE daily email newsletter.
