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

JPMorgan Equity Focus ETF (NASDAQ:JPEF)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $67.66 and last traded at $67.66, with a volume of 4326 shares traded. The stock had previously closed at $66.06.

JPMorgan Equity Focus ETF Trading Up 2.9 %

The stock’s 50-day moving average price is $65.23 and its 200-day moving average price is $62.67. The stock has a market cap of $934.99 million, a price-to-earnings ratio of 25.11 and a beta of 1.11.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Janney Montgomery Scott LLC acquired a new position in shares of JPMorgan Equity Focus ETF in the 1st quarter valued at about $2,789,000. American Planning Services Inc. lifted its stake in JPMorgan Equity Focus ETF by 1.4% in the first quarter. American Planning Services Inc. now owns 197,491 shares of the company’s stock valued at $11,804,000 after buying an additional 2,702 shares during the period. Thoroughbred Financial Services LLC grew its position in shares of JPMorgan Equity Focus ETF by 101.2% during the 1st quarter. Thoroughbred Financial Services LLC now owns 8,584 shares of the company’s stock worth $513,000 after buying an additional 4,317 shares during the period. Cozad Asset Management Inc. increased its stake in shares of JPMorgan Equity Focus ETF by 14.3% in the 1st quarter. Cozad Asset Management Inc. now owns 64,980 shares of the company’s stock valued at $3,884,000 after acquiring an additional 8,110 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of JPMorgan Equity Focus ETF by 62.6% during the 1st quarter. Osaic Holdings Inc. now owns 141,142 shares of the company’s stock valued at $8,436,000 after acquiring an additional 54,356 shares during the period.

JPMorgan Equity Focus ETF Company 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.