Southland Equity Partners LLC Takes $216,000 Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Southland Equity Partners LLC bought a new position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,387 shares of the company’s stock, valued at approximately $216,000.

Other hedge funds have also recently modified their holdings of the company. Blair William & Co. IL purchased a new stake in shares of JPMorgan Equity Focus ETF in the fourth quarter worth about $34,000. Comerica Bank purchased a new stake in shares of JPMorgan Equity Focus ETF in the fourth quarter worth about $123,000. Private Trust Co. NA purchased a new stake in shares of JPMorgan Equity Focus ETF in the fourth quarter worth about $135,000. Concurrent Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Focus ETF in the fourth quarter worth about $203,000. Finally, Mariner LLC purchased a new stake in shares of JPMorgan Equity Focus ETF in the fourth quarter worth about $231,000.

JPMorgan Equity Focus ETF Stock Down 1.2%

Shares of JPEF opened at $67.62 on Friday. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 24.53 and a beta of 1.11. The stock’s 50-day moving average price is $64.69 and its 200-day moving average price is $66.25. JPMorgan Equity Focus ETF has a 52 week low of $55.46 and a 52 week high of $70.16.

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.