Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Expands By 78.9%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totalling 17,000 shares, a growth of 78.9% from the May 31st total of 9,500 shares. Based on an average daily volume of 77,800 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Institutional investors have recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of JPMorgan Equity Focus ETF in the first quarter valued at $28,408,000. Beaumont Financial Advisors LLC purchased a new position in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at about $20,996,000. American Planning Services Inc. grew its position in shares of JPMorgan Equity Focus ETF by 1.4% during the first quarter. American Planning Services Inc. now owns 197,491 shares of the company’s stock worth $11,804,000 after buying an additional 2,702 shares in the last quarter. LPL Financial LLC acquired a new position in shares of JPMorgan Equity Focus ETF during the third quarter worth about $9,149,000. Finally, Osaic Holdings Inc. increased its stake in shares of JPMorgan Equity Focus ETF by 62.6% during the first quarter. Osaic Holdings Inc. now owns 141,142 shares of the company’s stock worth $8,436,000 after buying an additional 54,356 shares during the period.

JPMorgan Equity Focus ETF Price Performance

Shares of JPEF stock traded down $0.20 during trading on Friday, reaching $62.36. The company’s stock had a trading volume of 52,425 shares, compared to its average volume of 67,999. JPMorgan Equity Focus ETF has a 1-year low of $45.27 and a 1-year high of $63.04. The stock’s 50-day moving average price is $60.08 and its 200 day moving average price is $57.49. The company has a market capitalization of $611.75 million, a price-to-earnings ratio of 25.11 and a beta of 1.11.

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.