JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Down 7.6% in December

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a significant drop in short interest in 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 daily trading volume, of 107,900 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of JPEF. Thrivent Financial for Lutherans raised its stake in shares of JPMorgan Equity Focus ETF by 4.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock valued at $64,217,000 after buying an additional 38,156 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in JPMorgan Equity Focus ETF by 28.5% during the third quarter. Beaumont Financial Advisors LLC now owns 355,632 shares of the company’s stock valued at $23,305,000 after purchasing an additional 78,971 shares in the last quarter. Raymond James & Associates grew its stake in shares of JPMorgan Equity Focus ETF by 23.9% in the 3rd quarter. Raymond James & Associates now owns 201,422 shares of the company’s stock valued at $13,199,000 after purchasing an additional 38,865 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of JPMorgan Equity Focus ETF by 360.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock worth $11,074,000 after buying an additional 138,982 shares during the period. Finally, MML Investors Services LLC boosted its stake in JPMorgan Equity Focus ETF by 9.6% in the 3rd quarter. MML Investors Services LLC now owns 147,014 shares of the company’s stock valued at $9,634,000 after buying an additional 12,850 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Down 0.3 %

Shares of JPEF opened at $67.11 on Wednesday. The stock’s 50-day moving average price is $68.19 and its 200 day moving average price is $65.27. The firm has a market capitalization of $923.43 million, a price-to-earnings ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 12-month low of $51.99 and a 12-month high of $70.09.

JPMorgan Equity Focus ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.3881 dividend. This is a positive change from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 24th.

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.