MONECO Advisors LLC Acquires 50,811 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

MONECO Advisors LLC lifted its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 53.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 145,785 shares of the company’s stock after buying an additional 50,811 shares during the period. JPMorgan Equity Focus ETF comprises 1.0% of MONECO Advisors LLC’s holdings, making the stock its 22nd largest holding. MONECO Advisors LLC owned approximately 0.88% of JPMorgan Equity Focus ETF worth $9,784,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Carnegie Lake Advisors LLC bought a new stake in shares of JPMorgan Equity Focus ETF in the 4th quarter worth about $201,000. Planning Directions Inc. bought a new stake in shares of JPMorgan Equity Focus ETF in the 3rd quarter worth about $202,000. Institute for Wealth Management LLC. bought a new position in JPMorgan Equity Focus ETF during the 4th quarter valued at about $202,000. Tennessee Valley Asset Management Partners bought a new position in JPMorgan Equity Focus ETF during the 4th quarter valued at about $203,000. Finally, Concurrent Investment Advisors LLC bought a new position in JPMorgan Equity Focus ETF during the 4th quarter valued at about $203,000.

JPMorgan Equity Focus ETF Trading Down 1.7 %

Shares of NASDAQ:JPEF opened at $67.72 on Friday. The company has a market capitalization of $1.12 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 12 month low of $56.49 and a 12 month high of $70.16. The firm’s 50-day moving average is $68.38 and its 200 day moving average is $66.80.

JPMorgan Equity Focus ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.3881 per share. This is an increase from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 24th.

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.