Eldridge Investment Advisors Inc. Takes $1.75 Million Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Eldridge Investment Advisors Inc. acquired a new stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 26,020 shares of the company’s stock, valued at approximately $1,746,000. Eldridge Investment Advisors Inc. owned approximately 0.16% of JPMorgan Equity Focus ETF at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JPEF. OneDigital Investment Advisors LLC acquired a new stake in shares of JPMorgan Equity Focus ETF in the third quarter valued at $392,000. Thrivent Financial for Lutherans raised its stake in shares of JPMorgan Equity Focus ETF by 4.1% in the third quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock valued at $64,217,000 after acquiring an additional 38,156 shares in the last quarter. Planning Directions Inc. acquired a new stake in JPMorgan Equity Focus ETF in the third quarter valued at $202,000. Raymond James Trust N.A. raised its stake in JPMorgan Equity Focus ETF by 52.4% in the third quarter. Raymond James Trust N.A. now owns 12,144 shares of the company’s stock valued at $796,000 after buying an additional 4,174 shares in the last quarter. Finally, D.A. Davidson & CO. raised its stake in JPMorgan Equity Focus ETF by 146.1% in the third quarter. D.A. Davidson & CO. now owns 30,055 shares of the company’s stock valued at $1,970,000 after buying an additional 17,841 shares in the last quarter.

JPMorgan Equity Focus ETF Price Performance

JPMorgan Equity Focus ETF stock opened at $63.86 on Friday. JPMorgan Equity Focus ETF has a 1-year low of $56.49 and a 1-year high of $70.16. The stock has a market cap of $1.21 billion, a PE ratio of 24.28 and a beta of 1.11. The stock’s fifty day moving average is $67.58 and its two-hundred day moving average is $67.07.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.3881 dividend. The ex-dividend date was Tuesday, December 24th. This is a boost from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

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.