Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Drops By 71.2%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a significant decline in short interest in January. As of January 30th, there was short interest totaling 6,298 shares, a decline of 71.2% from the January 15th total of 21,868 shares. Based on an average daily volume of 106,854 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 106,854 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Equity Focus ETF Stock Up 0.3%

Shares of JPEF traded up $0.26 during midday trading on Wednesday, reaching $76.21. 59,046 shares of the stock were exchanged, compared to its average volume of 119,264. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 26.67 and a beta of 1.00. JPMorgan Equity Focus ETF has a 12-month low of $55.46 and a 12-month high of $76.44. The firm has a 50 day simple moving average of $75.21 and a 200-day simple moving average of $74.12.

JPMorgan Equity Focus ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were given a $0.5228 dividend. This represents a yield of 70.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

A number of large investors have recently bought and sold shares of the business. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan Equity Focus ETF by 3.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 552,813 shares of the company’s stock valued at $40,958,000 after acquiring an additional 20,320 shares in the last quarter. Steward Partners Investment Advisory LLC grew its holdings in JPMorgan Equity Focus ETF by 286.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 15,764 shares of the company’s stock valued at $1,106,000 after purchasing an additional 11,683 shares during the last quarter. Osaic Holdings Inc. raised its position in shares of JPMorgan Equity Focus ETF by 29.1% in the second quarter. Osaic Holdings Inc. now owns 558,669 shares of the company’s stock valued at $39,186,000 after purchasing an additional 125,771 shares during the period. Cetera Investment Advisers raised its position in shares of JPMorgan Equity Focus ETF by 22.7% in the second quarter. Cetera Investment Advisers now owns 334,092 shares of the company’s stock valued at $23,433,000 after purchasing an additional 61,906 shares during the period. Finally, First Citizens Financial Corp lifted its stake in shares of JPMorgan Equity Focus ETF by 94.4% in the third quarter. First Citizens Financial Corp now owns 15,762 shares of the company’s stock worth $1,168,000 after buying an additional 7,652 shares during the last quarter.

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.