Thrivent Financial for Lutherans Takes $22.60 Million Position in JPMorgan Equity Focus ETF $JPEF

Thrivent Financial for Lutherans acquired a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 322,194 shares of the company’s stock, valued at approximately $22,599,000.

Other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp acquired a new position in JPMorgan Equity Focus ETF during the second quarter worth approximately $33,000. Farther Finance Advisors LLC acquired a new stake in shares of JPMorgan Equity Focus ETF during the 2nd quarter worth $55,000. 3Chopt Investment Partners LLC increased its holdings in shares of JPMorgan Equity Focus ETF by 122.1% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 1,877 shares of the company’s stock worth $132,000 after buying an additional 1,032 shares during the last quarter. Captrust Financial Advisors raised its position in shares of JPMorgan Equity Focus ETF by 8.8% in the 2nd quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after buying an additional 328 shares during the period. Finally, Resources Management Corp CT ADV acquired a new position in JPMorgan Equity Focus ETF in the second quarter valued at $306,000.

JPMorgan Equity Focus ETF Price Performance

Shares of NASDAQ:JPEF opened at $74.23 on Wednesday. The firm has a market capitalization of $1.61 billion, a PE ratio of 26.67 and a beta of 1.00. The business has a 50-day moving average of $74.77 and a two-hundred day moving average of $72.47. JPMorgan Equity Focus ETF has a 12 month low of $55.46 and a 12 month high of $76.28.

JPMorgan Equity Focus ETF Announces Dividend

The firm also recently announced an annual dividend, which will be paid on Thursday, December 18th. Investors of record on Tuesday, December 16th will be given a dividend of $0.5228 per share. This represents a yield of 70.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

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.