JPMorgan Equity Focus ETF (NASDAQ:JPEF) Shares Sold by Castle Wealth Management LLC

Castle Wealth Management LLC trimmed its position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 67,448 shares of the company’s stock after selling 3,592 shares during the period. JPMorgan Equity Focus ETF comprises about 1.8% of Castle Wealth Management LLC’s portfolio, making the stock its 15th largest holding. Castle Wealth Management LLC’s holdings in JPMorgan Equity Focus ETF were worth $4,526,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Carnegie Lake Advisors LLC acquired a new stake in JPMorgan Equity Focus ETF in the 4th quarter worth about $201,000. Kingsview Wealth Management LLC acquired a new stake in JPMorgan Equity Focus ETF in the 4th quarter worth about $2,497,000. Lodestar Private Asset Management LLC acquired a new stake in JPMorgan Equity Focus ETF in the 4th quarter worth about $607,000. Stratos Wealth Partners LTD. acquired a new stake in JPMorgan Equity Focus ETF in the 4th quarter worth about $19,917,000. Finally, DAVENPORT & Co LLC boosted its holdings in JPMorgan Equity Focus ETF by 239.6% in the 4th quarter. DAVENPORT & Co LLC now owns 14,182 shares of the company’s stock worth $952,000 after buying an additional 10,006 shares during the last quarter.

JPMorgan Equity Focus ETF Price Performance

JPEF opened at $68.44 on Thursday. The company’s 50 day simple moving average is $68.49 and its two-hundred day simple moving average is $66.43. JPMorgan Equity Focus ETF has a 1-year low of $55.57 and a 1-year high of $70.16. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

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