Stratos Wealth Partners LTD. Buys New Holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Stratos Wealth Partners LTD. purchased a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the fourth quarter, Holdings Channel reports. The fund purchased 296,775 shares of the company’s stock, valued at approximately $19,917,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Beaumont Financial Advisors LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 31.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock worth $31,339,000 after purchasing an additional 111,342 shares during the last quarter. Investment Planning Advisors Inc. grew its position in JPMorgan Equity Focus ETF by 66.1% during the 4th quarter. Investment Planning Advisors Inc. now owns 265,768 shares of the company’s stock worth $17,836,000 after purchasing an additional 105,767 shares during the period. Castle Wealth Management LLC raised its stake in shares of JPMorgan Equity Focus ETF by 742.6% during the 3rd quarter. Castle Wealth Management LLC now owns 71,040 shares of the company’s stock valued at $4,655,000 after buying an additional 62,609 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 56.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 156,736 shares of the company’s stock valued at $10,519,000 after buying an additional 56,459 shares during the period. Finally, MONECO Advisors LLC boosted its stake in shares of JPMorgan Equity Focus ETF by 107.3% in the third quarter. MONECO Advisors LLC now owns 94,974 shares of the company’s stock worth $6,224,000 after buying an additional 49,160 shares during the last quarter.

JPMorgan Equity Focus ETF Trading Up 0.2 %

Shares of JPEF stock opened at $68.45 on Wednesday. JPMorgan Equity Focus ETF has a twelve month low of $55.27 and a twelve month high of $70.16. The stock has a 50 day moving average of $68.56 and a 200 day moving average of $66.19. The stock has a market cap of $1.13 billion, a P/E ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.3881 per share. 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 Company 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.