Modern Wealth Management LLC Acquires New Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Modern Wealth Management LLC bought a new position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,467 shares of the company’s stock, valued at approximately $239,000.

A number of other institutional investors also recently modified their holdings of the stock. Private Advisor Group LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 1.9% during the fourth quarter. Private Advisor Group LLC now owns 8,642 shares of the company’s stock worth $580,000 after acquiring an additional 164 shares in the last quarter. World Investment Advisors LLC raised its stake in shares of JPMorgan Equity Focus ETF by 1.7% during the 3rd quarter. World Investment Advisors LLC now owns 12,994 shares of the company’s stock worth $852,000 after purchasing an additional 221 shares in the last quarter. Good Life Advisors LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 2.2% during the 4th quarter. Good Life Advisors LLC now owns 18,686 shares of the company’s stock valued at $1,254,000 after buying an additional 407 shares during the last quarter. Fifth Third Securities Inc. lifted its holdings in shares of JPMorgan Equity Focus ETF by 1.1% during the 4th quarter. Fifth Third Securities Inc. now owns 89,274 shares of the company’s stock valued at $5,991,000 after buying an additional 980 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC grew its stake in shares of JPMorgan Equity Focus ETF by 18.3% in the 4th quarter. Capital Advisors Wealth Management LLC now owns 7,306 shares of the company’s stock valued at $490,000 after buying an additional 1,131 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Performance

Shares of JPEF opened at $63.25 on Friday. The firm has a market cap of $1.05 billion, a PE ratio of 24.28 and a beta of 1.11. The firm’s 50 day moving average price is $66.93 and its 200 day moving average price is $67.11. JPMorgan Equity Focus ETF has a twelve month low of $56.49 and a twelve month high of $70.16.

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.