Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Increases By 33.1%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 61,500 shares, a growth of 33.1% from the October 31st total of 46,200 shares. Based on an average trading volume of 87,000 shares, the short-interest ratio is presently 0.7 days.

JPMorgan Equity Focus ETF Stock Performance

NASDAQ:JPEF opened at $69.34 on Monday. JPMorgan Equity Focus ETF has a fifty-two week low of $50.30 and a fifty-two week high of $69.49. The company has a market cap of $954.12 million, a price-to-earnings ratio of 25.11 and a beta of 1.11. The stock has a fifty day moving average price of $66.96 and a 200-day moving average price of $63.97.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

A number of large investors have recently bought and sold shares of JPEF. International Assets Investment Management LLC acquired a new position in shares of JPMorgan Equity Focus ETF in the 2nd quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. raised its position in JPMorgan Equity Focus ETF by 3,006.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock valued at $161,000 after purchasing an additional 2,495 shares in the last quarter. Planning Directions Inc. bought a new stake in JPMorgan Equity Focus ETF during the third quarter worth $202,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of JPMorgan Equity Focus ETF in the 2nd quarter valued at $201,000. Finally, Advisory Alpha LLC bought a new position in shares of JPMorgan Equity Focus ETF in the 2nd quarter valued at $204,000.

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.