JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sets New 12-Month High – What’s Next?

Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) reached a new 52-week high during trading on Tuesday. The company traded as high as $83.24 and last traded at $83.0790, with a volume of 5932 shares traded. The stock had previously closed at $82.45.

JPMorgan Equity Focus ETF Price Performance

The company has a market capitalization of $2.06 billion, a P/E ratio of 26.67 and a beta of 0.96. The company’s 50-day moving average price is $81.54 and its two-hundred day moving average price is $79.33.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JPEF. First Citizens Financial Corp grew its position in shares of JPMorgan Equity Focus ETF by 17.0% in the third quarter. First Citizens Financial Corp now owns 22,284 shares of the company’s stock valued at $1,811,000 after purchasing an additional 3,231 shares during the last quarter. Integrated Wealth Concepts LLC boosted its stake in JPMorgan Equity Focus ETF by 10.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 7,963 shares of the company’s stock valued at $640,000 after purchasing an additional 746 shares during the period. Concurrent Investment Advisors LLC boosted its stake in JPMorgan Equity Focus ETF by 10.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 12,446 shares of the company’s stock valued at $1,000,000 after purchasing an additional 1,172 shares during the period. Leverty Financial Group LLC grew its holdings in JPMorgan Equity Focus ETF by 1.9% in the 2nd quarter. Leverty Financial Group LLC now owns 345,623 shares of the company’s stock valued at $27,764,000 after buying an additional 6,407 shares in the last quarter. Finally, Friday Financial acquired a new position in JPMorgan Equity Focus ETF in the 2nd quarter valued at $669,000.

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.