Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Expands By 33.1%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a large increase in short interest in November. As of November 15th, there was short interest totalling 61,500 shares, an increase of 33.1% from the October 31st total of 46,200 shares. Based on an average daily trading volume, of 87,000 shares, the days-to-cover ratio is currently 0.7 days.

JPMorgan Equity Focus ETF Stock Up 0.4 %

NASDAQ:JPEF traded up $0.30 during trading hours on Friday, reaching $69.34. The company had a trading volume of 60,831 shares, compared to its average volume of 74,610. The stock has a 50-day moving average of $66.96 and a two-hundred day moving average of $63.91. JPMorgan Equity Focus ETF has a one year low of $50.30 and a one year high of $69.49. The firm has a market capitalization of $954.12 million, a PE ratio of 25.11 and a beta of 1.11.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

Several large investors have recently made changes to their positions in JPEF. Cetera Investment Advisers acquired a new stake in JPMorgan Equity Focus ETF during the 1st quarter valued at $2,712,000. Thrivent Financial for Lutherans increased its stake in shares of JPMorgan Equity Focus ETF by 24.8% in the second quarter. Thrivent Financial for Lutherans now owns 941,813 shares of the company’s stock valued at $58,731,000 after buying an additional 186,867 shares in the last quarter. Raymond James & Associates raised its holdings in shares of JPMorgan Equity Focus ETF by 102.2% in the second quarter. Raymond James & Associates now owns 162,557 shares of the company’s stock valued at $10,137,000 after buying an additional 82,166 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in JPMorgan Equity Focus ETF by 12.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 532,992 shares of the company’s stock worth $33,237,000 after buying an additional 57,702 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in JPMorgan Equity Focus ETF by 360.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock worth $11,074,000 after acquiring an additional 138,982 shares during 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.