AlphaCore Capital LLC Makes New Investment in JPMorgan Equity Focus ETF $JPEF

AlphaCore Capital LLC bought a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 143,956 shares of the company’s stock, valued at approximately $10,752,000.

Other hedge funds have also modified their holdings of the company. Qube Research & Technologies Ltd purchased a new stake in shares of JPMorgan Equity Focus ETF during the third quarter valued at about $54,000. Godsey & Gibb Inc. purchased a new stake in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at about $58,000. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at about $134,000. GoalVest Advisory LLC purchased a new stake in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at about $246,000. Finally, Northland Securities Inc. purchased a new stake in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at about $253,000.

JPMorgan Equity Focus ETF Stock Performance

JPEF stock opened at $80.22 on Friday. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 26.67 and a beta of 0.98. The firm has a 50-day simple moving average of $75.40 and a two-hundred day simple moving average of $75.23. JPMorgan Equity Focus ETF has a one year low of $65.29 and a one year high of $81.30.

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.