JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Update

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a large drop in short interest in December. As of December 31st, there was short interest totalling 47,100 shares, a drop of 37.1% from the December 15th total of 74,900 shares. Based on an average daily volume of 108,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of JPMorgan Equity Focus ETF

Several institutional investors have recently made changes to their positions in JPEF. Thrivent Financial for Lutherans boosted its position in shares of JPMorgan Equity Focus ETF by 4.1% during the third quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock worth $64,217,000 after acquiring an additional 38,156 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of JPMorgan Equity Focus ETF by 33.7% in the third quarter. Private Advisor Group LLC now owns 8,478 shares of the company’s stock valued at $556,000 after purchasing an additional 2,135 shares in the last quarter. Raymond James & Associates lifted its position in JPMorgan Equity Focus ETF by 23.9% during the third quarter. Raymond James & Associates now owns 201,422 shares of the company’s stock valued at $13,199,000 after purchasing an additional 38,865 shares during the last quarter. Beaumont Financial Advisors LLC raised its position in shares of JPMorgan Equity Focus ETF by 28.5% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 355,632 shares of the company’s stock valued at $23,305,000 after buying an additional 78,971 shares in the last quarter. Finally, Advisory Alpha LLC purchased a new position in JPMorgan Equity Focus ETF during the second quarter worth $204,000.

JPMorgan Equity Focus ETF Stock Up 0.8 %

Shares of NASDAQ JPEF traded up $0.53 during trading on Friday, reaching $68.70. 92,891 shares of the company traded hands, compared to its average volume of 159,437. The stock has a market capitalization of $1.12 billion, a PE ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 52-week low of $52.85 and a 52-week high of $70.09. The firm has a 50 day simple moving average of $68.43 and a 200-day simple moving average of $65.64.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a dividend of $0.3881 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

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.