JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Large Volume Increase – Here’s Why

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw an uptick in trading volume on Thursday . 169,839 shares traded hands during trading, an increase of 71% from the previous session’s volume of 99,406 shares.The stock last traded at $62.68 and had previously closed at $63.45.

JPMorgan Equity Focus ETF Stock Performance

The company has a market capitalization of $1.21 billion, a PE ratio of 24.28 and a beta of 1.11. The firm has a fifty day simple moving average of $67.58 and a 200-day simple moving average of $67.05.

JPMorgan Equity Focus ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.3881 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Blair William & Co. IL acquired a new position in JPMorgan Equity Focus ETF during the 4th quarter worth $34,000. Comerica Bank acquired a new position in JPMorgan Equity Focus ETF during the 4th quarter worth $123,000. Private Trust Co. NA acquired a new position in JPMorgan Equity Focus ETF during the 4th quarter worth $135,000. Carnegie Lake Advisors LLC acquired a new position in JPMorgan Equity Focus ETF during the 4th quarter worth $201,000. Finally, Planning Directions Inc. acquired a new position in JPMorgan Equity Focus ETF during the 3rd quarter worth $202,000.

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.