IFP Advisors Inc Boosts Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

IFP Advisors Inc grew its holdings in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 81,932 shares of the company’s stock after buying an additional 2,277 shares during the period. IFP Advisors Inc owned 0.50% of JPMorgan Equity Focus ETF worth $5,498,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Carnegie Lake Advisors LLC purchased a new position in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at approximately $201,000. Institute for Wealth Management LLC. purchased a new stake in JPMorgan Equity Focus ETF in the fourth quarter worth $202,000. Concurrent Investment Advisors LLC purchased a new stake in JPMorgan Equity Focus ETF in the fourth quarter worth $203,000. Tennessee Valley Asset Management Partners purchased a new stake in JPMorgan Equity Focus ETF in the fourth quarter worth $203,000. Finally, Planning Directions Inc. purchased a new stake in JPMorgan Equity Focus ETF in the third quarter worth $202,000.

JPMorgan Equity Focus ETF Stock Down 1.7 %

Shares of JPEF stock opened at $67.72 on Monday. The stock has a market cap of $1.23 billion, a price-to-earnings ratio of 25.48 and a beta of 1.11. The business’s fifty day moving average is $68.38 and its 200 day moving average is $66.86. JPMorgan Equity Focus ETF has a twelve month low of $56.49 and a twelve month high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

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