JPMorgan Equity Focus ETF $JPEF Stock: Kestra Advisory Services LLC Lowers Stake

Kestra Advisory Services LLC reduced its position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 30.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,964 shares of the company’s stock after selling 43,015 shares during the period. Kestra Advisory Services LLC’s holdings in JPMorgan Equity Focus ETF were worth $7,962,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in JPEF. Leverty Financial Group LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 2.5% during the third quarter. Leverty Financial Group LLC now owns 354,233 shares of the company’s stock worth $28,789,000 after purchasing an additional 8,610 shares during the period. Friday Financial bought a new position in shares of JPMorgan Equity Focus ETF in the 2nd quarter worth about $669,000. Cetera Investment Advisers lifted its position in shares of 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 buying an additional 523,563 shares during the last quarter. Avantax Planning Partners Inc. acquired a new position in shares of JPMorgan Equity Focus ETF in the 1st quarter valued at about $128,384,000. Finally, Balance Wealth Partners LLC boosted its holdings in shares of JPMorgan Equity Focus ETF by 3.6% in the 3rd quarter. Balance Wealth Partners LLC now owns 284,319 shares of the company’s stock valued at $23,107,000 after buying an additional 9,946 shares during the period.

JPMorgan Equity Focus ETF Stock Down 0.3%

Shares of NASDAQ:JPEF opened at $79.98 on Wednesday. JPMorgan Equity Focus ETF has a fifty-two week low of $69.68 and a fifty-two week high of $83.41. The firm has a 50-day simple moving average of $81.29 and a 200 day simple moving average of $78.74. The company has a market cap of $2.01 billion, a PE ratio of 21.95 and a beta of 0.95.

JPMorgan Equity Focus ETF 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.