JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Update

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 47,100 shares, a decline of 37.1% from the December 15th total of 74,900 shares. Based on an average trading volume of 108,500 shares, the days-to-cover ratio is presently 0.4 days.

JPMorgan Equity Focus ETF Price Performance

Shares of JPEF opened at $66.89 on Wednesday. The business’s 50 day simple moving average is $68.43 and its 200-day simple moving average is $65.61. JPMorgan Equity Focus ETF has a 1 year low of $52.62 and a 1 year high of $70.09. The stock has a market capitalization of $1.10 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

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

Institutional Trading of JPMorgan Equity Focus ETF

A number of large investors have recently made changes to their positions in the business. Thrivent Financial for Lutherans grew its position in JPMorgan Equity Focus ETF by 24.8% in the second quarter. Thrivent Financial for Lutherans now owns 941,813 shares of the company’s stock worth $58,731,000 after acquiring an additional 186,867 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of JPMorgan Equity Focus ETF by 28.5% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 355,632 shares of the company’s stock worth $23,305,000 after purchasing an additional 78,971 shares during the period. Castle Wealth Management LLC increased its position in shares of JPMorgan Equity Focus ETF by 742.6% during the 3rd quarter. Castle Wealth Management LLC now owns 71,040 shares of the company’s stock valued at $4,655,000 after purchasing an additional 62,609 shares during the last quarter. MONECO Advisors LLC raised its holdings in JPMorgan Equity Focus ETF by 107.3% during the 3rd quarter. MONECO Advisors LLC now owns 94,974 shares of the company’s stock valued at $6,224,000 after buying an additional 49,160 shares during the period. Finally, Cetera Investment Advisers boosted its stake in JPMorgan Equity Focus ETF by 91.8% during the second quarter. Cetera Investment Advisers now owns 87,003 shares of the company’s stock worth $5,426,000 after buying an additional 41,630 shares during the period.

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.