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 in April. As of April 30th, there was short interest totaling 79,970 shares, a decline of 52.8% from the April 15th total of 169,415 shares. Based on an average daily volume of 105,652 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

JPMorgan Equity Focus ETF Trading Down 1.2%

Shares of NASDAQ JPEF traded down $0.95 during midday trading on Friday, reaching $80.22. The company’s stock had a trading volume of 60,019 shares, compared to its average volume of 139,712. The company has a 50 day moving average price of $75.31 and a 200 day moving average price of $75.19. JPMorgan Equity Focus ETF has a one year low of $65.29 and a one year high of $81.30. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 26.67 and a beta of 0.98.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

Large investors have recently made changes to their positions in the company. Balance Wealth LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 5.7% during the fourth quarter. Balance Wealth LLC now owns 363,655 shares of the company’s stock valued at $27,160,000 after acquiring an additional 19,563 shares during the period. Cary Street Partners Financial LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 34.1% during the third quarter. Cary Street Partners Financial LLC now owns 66,422 shares of the company’s stock valued at $4,921,000 after acquiring an additional 16,886 shares during the period. Crestwood Advisors Group LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 22.9% during the third quarter. Crestwood Advisors Group LLC now owns 54,972 shares of the company’s stock valued at $4,073,000 after acquiring an additional 10,229 shares during the period. Stratos Wealth Partners LTD. raised its holdings in shares of JPMorgan Equity Focus ETF by 2.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 319,251 shares of the company’s stock valued at $23,844,000 after acquiring an additional 8,196 shares during the period. Finally, Moneco Advisors LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 3.7% during the fourth quarter. Moneco Advisors LLC now owns 232,019 shares of the company’s stock valued at $17,329,000 after acquiring an additional 8,240 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.