JPMorgan Equity Focus ETF (NASDAQ:JPEF) Hits New 1-Year High – What’s Next?

JPMorgan Equity Focus ETF (NASDAQ:JPEF)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $69.29 and last traded at $69.22, with a volume of 11147 shares. The stock had previously closed at $69.08.

JPMorgan Equity Focus ETF Stock Down 0.2 %

The firm has a 50 day moving average price of $65.49 and a 200-day moving average price of $62.90. The stock has a market capitalization of $948.61 million, a PE ratio of 25.11 and a beta of 1.11.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of JPEF. Thrivent Financial for Lutherans raised its position in JPMorgan Equity Focus ETF by 24.8% during the second quarter. Thrivent Financial for Lutherans now owns 941,813 shares of the company’s stock valued at $58,731,000 after acquiring an additional 186,867 shares in the last quarter. Investment Planning Advisors Inc. purchased a new position in JPMorgan Equity Focus ETF during the second quarter valued at approximately $9,978,000. Commonwealth Equity Services LLC raised its position in JPMorgan Equity Focus ETF by 360.1% during the second quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock valued at $11,074,000 after acquiring an additional 138,982 shares in the last quarter. Raymond James & Associates raised its position in JPMorgan Equity Focus ETF by 102.2% during the second quarter. Raymond James & Associates now owns 162,557 shares of the company’s stock valued at $10,137,000 after acquiring an additional 82,166 shares in the last quarter. Finally, Beaumont Financial Advisors LLC raised its position in JPMorgan Equity Focus ETF by 28.5% during the third quarter. Beaumont Financial Advisors LLC now owns 355,632 shares of the company’s stock valued at $23,305,000 after acquiring an additional 78,971 shares in the last quarter.

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.