JPMorgan Equity Focus ETF (NASDAQ:JPEF – Get Free Report) was the recipient of a significant decrease in short interest in September. As of September 30th, there was short interest totaling 22,727 shares, a decrease of 50.3% from the September 15th total of 45,719 shares. Based on an average trading volume of 53,533 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s stock are short sold.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in JPEF. Mayflower Financial Advisors LLC acquired a new stake in shares of JPMorgan Equity Focus ETF during the first quarter worth $1,306,000. Leverty Financial Group LLC increased its position in shares of JPMorgan Equity Focus ETF by 2.5% in the 3rd quarter. Leverty Financial Group LLC now owns 354,233 shares of the company’s stock valued at $28,789,000 after acquiring an additional 8,610 shares during the period. Friday Financial acquired a new position in shares of JPMorgan Equity Focus ETF in the 2nd quarter valued at $669,000. Cetera Investment Advisers raised its stake in JPMorgan Equity Focus ETF by 94.9% in the 1st quarter. Cetera Investment Advisers now owns 1,075,233 shares of the company’s stock worth $77,212,000 after acquiring an additional 523,563 shares during the last quarter. Finally, Avantax Planning Partners Inc. purchased a new position in JPMorgan Equity Focus ETF in the 1st quarter worth $128,384,000.
JPMorgan Equity Focus ETF Stock Performance
JPEF stock traded down $0.99 during trading on Friday, reaching $80.90. The company had a trading volume of 58,833 shares, compared to its average volume of 107,374. The firm has a 50-day simple moving average of $81.68 and a 200-day simple moving average of $79.79. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 26.67 and a beta of 0.96. JPMorgan Equity Focus ETF has a twelve month low of $69.68 and a twelve month high of $83.41.
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.
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