Moneco Advisors LLC Sells 13,146 Shares of JPMorgan Equity Focus ETF $JPEF

Moneco Advisors LLC decreased its holdings in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 6.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 177,211 shares of the company’s stock after selling 13,146 shares during the quarter. JPMorgan Equity Focus ETF comprises approximately 0.8% of Moneco Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Moneco Advisors LLC owned approximately 0.71% of JPMorgan Equity Focus ETF worth $14,402,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Godsey & Gibb Inc. bought a new position in shares of JPMorgan Equity Focus ETF in the third quarter worth $38,000. Western Wealth Management LLC bought a new stake in shares of JPMorgan Equity Focus ETF during the 1st quarter valued at $62,000. M Holdings Securities Inc. bought a new stake in shares of JPMorgan Equity Focus ETF during the 3rd quarter valued at $202,000. Independent Financial Group LLC bought a new stake in shares of JPMorgan Equity Focus ETF during the 1st quarter valued at $231,000. Finally, WNY Asset Management LLC purchased a new stake in JPMorgan Equity Focus ETF during the 1st quarter worth about $254,000.

JPMorgan Equity Focus ETF Stock Performance

Shares of JPEF opened at $79.98 on Wednesday. JPMorgan Equity Focus ETF has a 52-week low of $69.68 and a 52-week high of $83.41. The stock’s 50-day simple moving average is $81.29 and its 200 day simple moving average is $78.74. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 21.95 and a beta of 0.95.

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.