JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sets New 1-Year High at $63.04

JPMorgan Equity Focus ETF (NASDAQ:JPEF) shares hit a new 52-week high during trading on Friday . The stock traded as high as $63.04 and last traded at $62.97, with a volume of 10470 shares changing hands. The stock had previously closed at $62.56.

JPMorgan Equity Focus ETF Trading Down 0.3 %

The stock has a 50-day moving average price of $59.97 and a two-hundred day moving average price of $57.37. The stock has a market cap of $611.75 million, a price-to-earnings ratio of 25.11 and a beta of 1.11.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

Several institutional investors have recently added to or reduced their stakes in JPEF. Cetera Investment Advisers purchased a new position in shares of JPMorgan Equity Focus ETF in the 1st quarter valued at approximately $2,712,000. Highlander Capital Management LLC purchased a new position in shares of JPMorgan Equity Focus ETF in the first quarter worth $51,000. Osaic Holdings Inc. lifted its stake in shares of JPMorgan Equity Focus ETF by 62.6% during the first quarter. Osaic Holdings Inc. now owns 141,142 shares of the company’s stock worth $8,436,000 after buying an additional 54,356 shares during the period. Cozad Asset Management Inc. grew its holdings in shares of JPMorgan Equity Focus ETF by 14.3% during the first quarter. Cozad Asset Management Inc. now owns 64,980 shares of the company’s stock valued at $3,884,000 after buying an additional 8,110 shares during the last quarter. Finally, Thoroughbred Financial Services LLC increased its position in shares of JPMorgan Equity Focus ETF by 101.2% in the 1st quarter. Thoroughbred Financial Services LLC now owns 8,584 shares of the company’s stock valued at $513,000 after acquiring an additional 4,317 shares during the period.

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.