Mutual Advisors LLC Takes Position in JPMorgan Equity Focus ETF $JPEF

Mutual Advisors LLC bought a new stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the third quarter, Holdings Channel.com reports. The firm bought 32,970 shares of the company’s stock, valued at approximately $2,461,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JPEF. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Equity Focus ETF during the first quarter worth $325,000. Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Equity Focus ETF by 15.6% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,344 shares of the company’s stock valued at $520,000 after acquiring an additional 991 shares during the period. Farther Finance Advisors LLC acquired a new position in JPMorgan Equity Focus ETF in the 2nd quarter valued at about $55,000. Wealthcare Advisory Partners LLC grew its position in JPMorgan Equity Focus ETF by 6.7% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 24,732 shares of the company’s stock valued at $1,735,000 after acquiring an additional 1,544 shares in the last quarter. Finally, DAVENPORT & Co LLC lifted its position in shares of JPMorgan Equity Focus ETF by 5.8% during the second quarter. DAVENPORT & Co LLC now owns 76,280 shares of the company’s stock worth $5,350,000 after purchasing an additional 4,213 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Performance

NASDAQ JPEF opened at $75.79 on Tuesday. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of 26.67 and a beta of 1.00. The firm has a 50 day simple moving average of $75.23 and a 200-day simple moving average of $73.93. JPMorgan Equity Focus ETF has a one year low of $55.46 and a one year high of $76.28.

JPMorgan Equity Focus ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were given a $0.5228 dividend. This represents a yield of 70.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

About JPMorgan Equity Focus ETF

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.