Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Decreases By 7.6%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a large drop in short interest during the month of December. As of December 15th, there was short interest totalling 74,900 shares, a drop of 7.6% from the November 30th total of 81,100 shares. Based on an average trading volume of 107,900 shares, the days-to-cover ratio is currently 0.7 days.

JPMorgan Equity Focus ETF Price Performance

Shares of NASDAQ:JPEF opened at $67.11 on Wednesday. The firm has a market capitalization of $923.43 million, a PE ratio of 25.11 and a beta of 1.11. The business has a 50 day simple moving average of $68.19 and a two-hundred day simple moving average of $65.27. JPMorgan Equity Focus ETF has a 1 year low of $51.99 and a 1 year high of $70.09.

JPMorgan Equity Focus ETF Increases Dividend

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

Institutional Trading of JPMorgan Equity Focus ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of JPEF. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Equity Focus ETF during the second quarter valued at approximately $26,000. Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Equity Focus ETF by 360.1% during the second quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock valued at $11,074,000 after buying an additional 138,982 shares during the period. Cozad Asset Management Inc. raised its holdings in shares of JPMorgan Equity Focus ETF by 21.6% in the second quarter. Cozad Asset Management Inc. now owns 78,986 shares of the company’s stock valued at $4,926,000 after acquiring an additional 14,006 shares in the last quarter. Gentry Private Wealth LLC purchased a new stake in JPMorgan Equity Focus ETF in the second quarter worth about $206,000. Finally, Thoroughbred Financial Services LLC grew its holdings in JPMorgan Equity Focus ETF by 42.2% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 12,209 shares of the company’s stock worth $761,000 after acquiring an additional 3,625 shares in the last quarter.

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.