Jones Financial Companies Lllp Raises Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Jones Financial Companies Lllp boosted its position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 134.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 122,227 shares of the company’s stock after buying an additional 70,145 shares during the period. Jones Financial Companies Lllp’s holdings in JPMorgan Equity Focus ETF were worth $8,203,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the company. Private Trust Co. NA acquired a new stake in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at about $135,000. Carnegie Lake Advisors LLC purchased a new stake in JPMorgan Equity Focus ETF during the 4th quarter valued at about $201,000. Planning Directions Inc. acquired a new stake in JPMorgan Equity Focus ETF in the 3rd quarter valued at about $202,000. Institute for Wealth Management LLC. purchased a new position in JPMorgan Equity Focus ETF in the 4th quarter worth approximately $202,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in shares of JPMorgan Equity Focus ETF during the 4th quarter worth approximately $203,000.

JPMorgan Equity Focus ETF Price Performance

JPEF stock opened at $66.13 on Tuesday. JPMorgan Equity Focus ETF has a 1 year low of $56.49 and a 1 year high of $70.16. The firm has a market capitalization of $1.10 billion, a PE ratio of 25.48 and a beta of 1.11. The business has a 50 day simple moving average of $68.27 and a 200-day simple moving average of $67.06.

JPMorgan Equity Focus ETF Increases Dividend

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

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.