JPMorgan Equity Focus ETF (NASDAQ:JPEF) Reaches New 52-Week High – What’s Next?

JPMorgan Equity Focus ETF (NASDAQ:JPEF)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $69.30 and last traded at $69.25, with a volume of 7144 shares changing hands. The stock had previously closed at $69.24.

JPMorgan Equity Focus ETF Stock Down 0.2 %

The firm has a market capitalization of $950.40 million, a P/E ratio of 25.11 and a beta of 1.11. The stock has a fifty day moving average of $66.71 and a 200-day moving average of $63.77.

Institutional Trading of JPMorgan Equity Focus ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JPEF. Highlander Capital Management LLC bought a new stake in JPMorgan Equity Focus ETF during the 1st quarter worth about $51,000. Cetera Investment Advisers bought a new stake in shares of JPMorgan Equity Focus ETF in the 1st quarter valued at about $2,712,000. Fifth Third Securities Inc. increased its stake in shares of 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 valued at $5,798,000 after acquiring an additional 13,224 shares during the last quarter. Capital Advisors Wealth Management LLC bought a new stake in shares of JPMorgan Equity Focus ETF in the 2nd quarter valued at about $205,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in shares of JPMorgan Equity Focus ETF in the 2nd quarter valued at about $201,000.

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.