JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Update

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 47,100 shares, a decrease of 37.1% from the December 15th total of 74,900 shares. Based on an average daily trading volume, of 108,500 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Thrivent Financial for Lutherans raised its stake in shares of JPMorgan Equity Focus ETF by 4.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock worth $64,217,000 after purchasing an additional 38,156 shares in the last quarter. Beaumont Financial Advisors LLC grew its position in shares of JPMorgan Equity Focus ETF by 31.3% in the 4th quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock valued at $31,339,000 after acquiring an additional 111,342 shares during the period. Raymond James & Associates grew its position in shares of JPMorgan Equity Focus ETF by 23.9% in the 3rd quarter. Raymond James & Associates now owns 201,422 shares of the company’s stock valued at $13,199,000 after acquiring an additional 38,865 shares during the period. MML Investors Services LLC increased its stake in shares of JPMorgan Equity Focus ETF by 9.6% during the 3rd quarter. MML Investors Services LLC now owns 147,014 shares of the company’s stock worth $9,634,000 after purchasing an additional 12,850 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 68.6% in the 3rd quarter. Janney Montgomery Scott LLC now owns 100,277 shares of the company’s stock valued at $6,571,000 after purchasing an additional 40,802 shares during the period.

JPMorgan Equity Focus ETF Stock Up 0.8 %

JPMorgan Equity Focus ETF stock traded up $0.53 during midday trading on Friday, hitting $68.70. 92,891 shares of the stock were exchanged, compared to its average volume of 159,437. JPMorgan Equity Focus ETF has a 52 week low of $52.85 and a 52 week high of $70.09. The stock has a market capitalization of $1.12 billion, a PE ratio of 25.11 and a beta of 1.11. The company has a fifty day simple moving average of $68.43 and a two-hundred day simple moving average of $65.64.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.3881 dividend. 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.

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.