Denver Wealth Management Inc. Sells 375 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Denver Wealth Management Inc. reduced its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 7.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,883 shares of the company’s stock after selling 375 shares during the quarter. Denver Wealth Management Inc.’s holdings in JPMorgan Equity Focus ETF were worth $328,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of JPEF. Northwestern Mutual Wealth Management Co. grew its holdings in JPMorgan Equity Focus ETF by 3,006.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock worth $161,000 after acquiring an additional 2,495 shares during the period. Planning Directions Inc. bought a new stake in JPMorgan Equity Focus ETF in the third quarter worth approximately $202,000. Tennessee Valley Asset Management Partners acquired a new position in JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $203,000. Advisory Alpha LLC bought a new position in shares of JPMorgan Equity Focus ETF during the 2nd quarter worth approximately $204,000. Finally, Tyler Stone Wealth Management acquired a new stake in shares of JPMorgan Equity Focus ETF during the 3rd quarter worth approximately $248,000.

JPMorgan Equity Focus ETF Stock Up 0.7 %

JPMorgan Equity Focus ETF stock opened at $69.14 on Wednesday. The company has a market capitalization of $1.14 billion, a PE ratio of 25.11 and a beta of 1.11. The firm’s fifty day moving average is $68.55 and its 200 day moving average is $66.01. JPMorgan Equity Focus ETF has a 12-month low of $54.15 and a 12-month high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

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

About JPMorgan Equity Focus ETF

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.