Truist Financial Corp Sells 13,447 Shares of JPMorgan Equity Focus ETF $JPEF

Truist Financial Corp reduced its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 29.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,644 shares of the company’s stock after selling 13,447 shares during the period. Truist Financial Corp owned 0.15% of JPMorgan Equity Focus ETF worth $2,438,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Qube Research & Technologies Ltd bought a new stake in shares of JPMorgan Equity Focus ETF in the 3rd quarter valued at about $54,000. Godsey & Gibb Inc. bought a new stake in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at about $58,000. GoalVest Advisory LLC bought a new position in shares of JPMorgan Equity Focus ETF during the 4th quarter worth approximately $246,000. Northland Securities Inc. bought a new position in shares of JPMorgan Equity Focus ETF during the 4th quarter worth approximately $253,000. Finally, Smith Shellnut Wilson LLC ADV bought a new position in shares of JPMorgan Equity Focus ETF during the 3rd quarter worth approximately $255,000.

JPMorgan Equity Focus ETF Stock Down 0.0%

NASDAQ JPEF opened at $79.78 on Wednesday. The firm has a market cap of $1.93 billion, a PE ratio of 26.67 and a beta of 0.98. The company has a 50 day moving average price of $75.10 and a 200 day moving average price of $75.11. JPMorgan Equity Focus ETF has a 52 week low of $65.29 and a 52 week high of $79.95.

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.