JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sets New 1-Year High – What’s Next?

JPMorgan Equity Focus ETF (NASDAQ:JPEF) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $69.29 and last traded at $69.22, with a volume of 11147 shares. The stock had previously closed at $69.08.

JPMorgan Equity Focus ETF Stock Down 0.2 %

The business has a fifty day simple moving average of $65.49 and a 200-day simple moving average of $62.90. The firm has a market cap of $948.61 million, a P/E ratio of 25.11 and a beta of 1.11.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Several institutional investors and hedge funds have recently modified their holdings of JPEF. Thoroughbred Financial Services LLC increased its holdings in shares of JPMorgan Equity Focus ETF by 101.2% during the first 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 in the last quarter. Osaic Holdings Inc. increased its holdings 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 valued at $8,436,000 after acquiring an additional 54,356 shares in the last quarter. Highlander Capital Management LLC bought a new stake in JPMorgan Equity Focus ETF in the 1st quarter worth about $51,000. Cetera Investment Advisers bought a new stake in JPMorgan Equity Focus ETF in the 1st quarter worth about $2,712,000. Finally, Fifth Third Securities Inc. increased its holdings in JPMorgan Equity Focus ETF by 16.6% in the 2nd quarter. Fifth Third Securities Inc. now owns 92,972 shares of the company’s stock worth $5,798,000 after buying an additional 13,224 shares in the last quarter.

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.