JPMorgan Equity Focus ETF (NASDAQ:JPEF) Shares Shorted: Short Interest Down 50.3% in September

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 22,727 shares, a decrease of 50.3% from the September 15th total of 45,719 shares. Based on an average trading volume of 53,533 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ JPEF traded down $1.07 during trading hours on Wednesday, hitting $81.73. 96,842 shares of the stock were exchanged, compared to its average volume of 107,771. The company’s fifty day simple moving average is $81.70 and its two-hundred day simple moving average is $79.64. The company has a market cap of $2.03 billion, a PE ratio of 26.67 and a beta of 0.96. JPMorgan Equity Focus ETF has a 1-year low of $69.68 and a 1-year high of $83.41.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

A number of large investors have recently modified their holdings of the business. Lodestar Private Asset Management LLC increased its stake in shares of JPMorgan Equity Focus ETF by 4.5% in the first quarter. Lodestar Private Asset Management LLC now owns 4,563 shares of the company’s stock valued at $328,000 after buying an additional 197 shares during the period. Private Advisor Group LLC raised its holdings in JPMorgan Equity Focus ETF by 2.7% in the 1st quarter. Private Advisor Group LLC now owns 10,553 shares of the company’s stock valued at $758,000 after buying an additional 273 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in JPMorgan Equity Focus ETF by 10.3% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 7,963 shares of the company’s stock worth $640,000 after buying an additional 746 shares during the period. Ascentis Independent Advisors acquired a new stake in JPMorgan Equity Focus ETF during the 1st quarter worth approximately $55,000. Finally, Western Wealth Management LLC acquired a new stake in JPMorgan Equity Focus ETF during the 1st quarter worth approximately $62,000.

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.