SFG Wealth Management LLC. Raises Stock Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

SFG Wealth Management LLC. lifted its holdings in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 5.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 75,748 shares of the company’s stock after buying an additional 3,955 shares during the period. JPMorgan Equity Focus ETF comprises 2.7% of SFG Wealth Management LLC.’s holdings, making the stock its 8th largest position. SFG Wealth Management LLC. owned approximately 0.47% of JPMorgan Equity Focus ETF worth $5,083,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its stake in shares of JPMorgan Equity Focus ETF by 3,006.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock valued at $161,000 after buying an additional 2,495 shares in the last quarter. Planning Directions Inc. acquired a new stake in JPMorgan Equity Focus ETF in the third quarter valued at $202,000. Advisory Alpha LLC bought a new position in shares of JPMorgan Equity Focus ETF in the 2nd quarter valued at about $204,000. Tyler Stone Wealth Management acquired a new position in shares of JPMorgan Equity Focus ETF during the 3rd quarter worth about $248,000. Finally, Denver Wealth Management Inc. raised its holdings in shares of JPMorgan Equity Focus ETF by 19.0% in the 3rd quarter. Denver Wealth Management Inc. now owns 5,258 shares of the company’s stock valued at $345,000 after purchasing an additional 840 shares during the period.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ:JPEF opened at $68.63 on Monday. JPMorgan Equity Focus ETF has a 52-week low of $52.85 and a 52-week high of $70.09. The company has a market capitalization of $1.12 billion, a P/E ratio of 25.11 and a beta of 1.11. The company has a 50-day simple moving average of $68.43 and a 200 day simple moving average of $65.73.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a $0.3881 dividend. This is a boost from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 24th.

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.