JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sets New 1-Year High – Here’s What Happened

Posted by Patrick Bannon on Nov 29th, 2024

Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $69.30 and last traded at $69.25, with a volume of 7144 shares changing hands. The stock had previously closed at $69.24.

JPMorgan Equity Focus ETF Stock Down 0.3 %

The firm has a market capitalization of $949.99 million, a PE ratio of 25.11 and a beta of 1.11. The stock’s fifty day simple moving average is $66.88 and its 200 day simple moving average is $63.84.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Several institutional investors have recently bought and sold shares of the stock. World Investment Advisors LLC grew its stake in shares of JPMorgan Equity Focus ETF by 1.7% in the 3rd quarter. World Investment Advisors LLC now owns 12,994 shares of the company’s stock worth $852,000 after buying an additional 221 shares in the last quarter. MML Investors Services LLC grew its stake in shares of JPMorgan Equity Focus ETF by 9.6% in the 3rd quarter. MML Investors Services LLC now owns 147,014 shares of the company’s stock worth $9,634,000 after buying an additional 12,850 shares in the last quarter. D.A. Davidson & CO. grew its stake in shares of JPMorgan Equity Focus ETF by 146.1% in the 3rd quarter. D.A. Davidson & CO. now owns 30,055 shares of the company’s stock worth $1,970,000 after buying an additional 17,841 shares in the last quarter. Raymond James Trust N.A. grew its stake in shares of JPMorgan Equity Focus ETF by 52.4% in the 3rd quarter. Raymond James Trust N.A. now owns 12,144 shares of the company’s stock worth $796,000 after buying an additional 4,174 shares in the last quarter. Finally, Planning Directions Inc. purchased a new position in shares of JPMorgan Equity Focus ETF in the 3rd quarter worth $202,000.

JPMorgan Equity Focus ETF Company Profile

(Get Free Report)

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.