JPMorgan Equity Focus ETF (NASDAQ:JPEF) Reaches New 12-Month High – Here’s What Happened

JPMorgan Equity Focus ETF (NASDAQ:JPEF) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $79.17 and last traded at $79.17, with a volume of 4675 shares traded. The stock had previously closed at $77.88.

JPMorgan Equity Focus ETF Stock Up 1.5%

The stock has a market capitalization of $1.92 billion, a P/E ratio of 26.67 and a beta of 0.98. The firm’s 50-day simple moving average is $74.69 and its 200 day simple moving average is $74.92.

Institutional Trading of JPMorgan Equity Focus ETF

Hedge funds have recently added to or reduced their stakes in the company. Advisory Alpha LLC grew its position in shares of JPMorgan Equity Focus ETF by 4.4% during the 4th quarter. Advisory Alpha LLC now owns 3,729 shares of the company’s stock worth $279,000 after purchasing an additional 158 shares in the last quarter. Concurrent Investment Advisors LLC boosted its stake in shares of JPMorgan Equity Focus ETF by 2.5% in the third quarter. Concurrent Investment Advisors LLC now owns 7,317 shares of the company’s stock valued at $542,000 after buying an additional 181 shares during the period. Lodestar Private Asset Management LLC grew its position in JPMorgan Equity Focus ETF by 4.5% during the first quarter. Lodestar Private Asset Management LLC now owns 4,563 shares of the company’s stock worth $328,000 after buying an additional 197 shares in the last quarter. Parsons Capital Management Inc. RI grew its position in JPMorgan Equity Focus ETF by 6.5% during the fourth quarter. Parsons Capital Management Inc. RI now owns 4,469 shares of the company’s stock worth $334,000 after buying an additional 271 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in JPMorgan Equity Focus ETF by 2.7% during the 1st quarter. Private Advisor Group LLC now owns 10,553 shares of the company’s stock worth $758,000 after acquiring an additional 273 shares during the period.

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.