Wealthcare Advisory Partners LLC Makes New Investment in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Wealthcare Advisory Partners LLC purchased a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 21,031 shares of the company’s stock, valued at approximately $1,411,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Thrivent Financial for Lutherans lifted its position in shares of JPMorgan Equity Focus ETF by 24.8% during the 2nd 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 during the period. Beaumont Financial Advisors LLC raised its holdings 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 worth $23,305,000 after purchasing an additional 78,971 shares during the last quarter. Castle Wealth Management LLC boosted its position in JPMorgan Equity Focus ETF by 742.6% during the third quarter. Castle Wealth Management LLC now owns 71,040 shares of the company’s stock worth $4,655,000 after purchasing an additional 62,609 shares in the last quarter. MONECO Advisors LLC grew its holdings in JPMorgan Equity Focus ETF by 107.3% in the third quarter. MONECO Advisors LLC now owns 94,974 shares of the company’s stock valued at $6,224,000 after purchasing an additional 49,160 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of JPMorgan Equity Focus ETF by 91.8% in the second quarter. Cetera Investment Advisers now owns 87,003 shares of the company’s stock valued at $5,426,000 after buying an additional 41,630 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Up 0.7 %

JPMorgan Equity Focus ETF stock opened at $68.63 on Friday. The firm has a market capitalization of $1.11 billion, a PE ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 52 week low of $52.85 and a 52 week high of $70.09. The firm’s 50-day simple moving average is $68.43 and its 200 day simple moving average is $65.71.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a $0.3881 dividend. The ex-dividend date was Tuesday, December 24th. This is a positive change from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

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.