SFG Wealth Management LLC. Sells 10,796 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

SFG Wealth Management LLC. trimmed its position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 14.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,952 shares of the company’s stock after selling 10,796 shares during the quarter. JPMorgan Equity Focus ETF accounts for 2.0% of SFG Wealth Management LLC.’s portfolio, making the stock its 9th largest position. SFG Wealth Management LLC. owned about 0.32% of JPMorgan Equity Focus ETF worth $4,135,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JPEF. Private Advisor Group LLC lifted its position in shares of JPMorgan Equity Focus ETF by 1.9% during the 4th quarter. Private Advisor Group LLC now owns 8,642 shares of the company’s stock worth $580,000 after buying an additional 164 shares during the period. Concurrent Investment Advisors LLC bought a new position in JPMorgan Equity Focus ETF during the 4th quarter valued at about $203,000. Private Trust Co. NA acquired a new position in JPMorgan Equity Focus ETF in the fourth quarter valued at about $135,000. Jones Financial Companies Lllp grew its stake in JPMorgan Equity Focus ETF by 134.7% during the fourth quarter. Jones Financial Companies Lllp now owns 122,227 shares of the company’s stock worth $8,203,000 after buying an additional 70,145 shares during the last quarter. Finally, SPC Financial Inc. acquired a new stake in shares of JPMorgan Equity Focus ETF during the fourth quarter worth approximately $7,697,000.

JPMorgan Equity Focus ETF Stock Performance

Shares of JPEF stock opened at $68.72 on Thursday. The stock’s fifty day moving average is $65.83 and its 200-day moving average is $66.18. The stock has a market capitalization of $1.45 billion, a PE ratio of 26.67 and a beta of 1.11. JPMorgan Equity Focus ETF has a 52 week low of $55.46 and a 52 week high of $70.16.

JPMorgan Equity Focus ETF 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.