Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Grows By 314.4%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 169,415 shares, a growth of 314.4% from the March 31st total of 40,879 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 106,632 shares, the days-to-cover ratio is presently 1.6 days.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Alpha LLC raised its position in shares of JPMorgan Equity Focus ETF by 4.4% in the 4th quarter. Advisory Alpha LLC now owns 3,729 shares of the company’s stock valued at $279,000 after buying an additional 158 shares in the last quarter. Concurrent Investment Advisors LLC increased its position in JPMorgan Equity Focus ETF by 2.5% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 7,317 shares of the company’s stock worth $542,000 after purchasing an additional 181 shares in the last quarter. Parsons Capital Management Inc. RI increased its position in JPMorgan Equity Focus ETF by 6.5% during the 4th quarter. Parsons Capital Management Inc. RI now owns 4,469 shares of the company’s stock worth $334,000 after purchasing an additional 271 shares in the last quarter. Captrust Financial Advisors increased its position in JPMorgan Equity Focus ETF by 8.8% during the 2nd quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after purchasing an additional 328 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its position in JPMorgan Equity Focus ETF by 9.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,655 shares of the company’s stock worth $348,000 after purchasing an additional 391 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ:JPEF opened at $78.10 on Monday. The firm has a 50 day moving average of $74.41 and a 200-day moving average of $74.76. The stock has a market capitalization of $1.89 billion, a PE ratio of 26.67 and a beta of 1.00. JPMorgan Equity Focus ETF has a 12 month low of $61.69 and a 12 month high of $78.22.

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.