Thoroughbred Financial Services LLC Has $2.79 Million Stock Position in JPMorgan Equity Focus ETF $JPEF

Thoroughbred Financial Services LLC cut its stake in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 21.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,719 shares of the company’s stock after selling 10,570 shares during the period. Thoroughbred Financial Services LLC’s holdings in JPMorgan Equity Focus ETF were worth $2,785,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Cetera Investment Advisers raised its holdings in shares of JPMorgan Equity Focus ETF by 35.1% in the first quarter. Cetera Investment Advisers now owns 272,186 shares of the company’s stock valued at $17,327,000 after purchasing an additional 70,756 shares during the last quarter. Ignite Planners LLC acquired a new position in JPMorgan Equity Focus ETF during the first quarter worth $1,570,000. Modern Wealth Management LLC grew its position in JPMorgan Equity Focus ETF by 100.5% in the first quarter. Modern Wealth Management LLC now owns 6,907 shares of the company’s stock valued at $440,000 after purchasing an additional 3,462 shares in the last quarter. Fifth Third Bancorp acquired a new stake in JPMorgan Equity Focus ETF in the 2nd quarter valued at $33,000. Finally, LPL Financial LLC lifted its position in JPMorgan Equity Focus ETF by 8.3% during the 1st quarter. LPL Financial LLC now owns 741,474 shares of the company’s stock worth $47,202,000 after buying an additional 56,794 shares in the last quarter.

JPMorgan Equity Focus ETF Price Performance

Shares of NASDAQ JPEF opened at $74.15 on Friday. The business has a 50-day moving average of $74.33 and a 200-day moving average of $70.98. The stock has a market capitalization of $1.61 billion, a price-to-earnings ratio of 26.67 and a beta of 1.00. JPMorgan Equity Focus ETF has a fifty-two week low of $55.46 and a fifty-two week high of $76.28.

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.