JPMorgan Equity Focus ETF $JPEF Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 78.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 51,549 shares of the company’s stock after selling 190,414 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan Equity Focus ETF were worth $3,702,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Advisory Alpha LLC lifted its position in JPMorgan Equity Focus ETF by 4.4% during the 4th quarter. Advisory Alpha LLC now owns 3,729 shares of the company’s stock worth $279,000 after acquiring an additional 158 shares during the period. Parsons Capital Management Inc. RI increased its holdings in shares of JPMorgan Equity Focus ETF by 6.5% in the fourth quarter. Parsons Capital Management Inc. RI now owns 4,469 shares of the company’s stock valued at $334,000 after purchasing an additional 271 shares during the period. Captrust Financial Advisors raised its stake in shares of JPMorgan Equity Focus ETF by 8.8% during the second quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after purchasing an additional 328 shares during the last quarter. Kestra Private Wealth Services LLC raised its stake in shares of JPMorgan Equity Focus ETF by 9.2% during the fourth 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 during the last quarter. Finally, Capital Advisors Wealth Management LLC raised its stake in shares of JPMorgan Equity Focus ETF by 4.0% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 10,928 shares of the company’s stock worth $816,000 after purchasing an additional 425 shares during the last quarter.

JPMorgan Equity Focus ETF Stock Down 0.2%

Shares of NASDAQ JPEF traded down $0.19 during mid-day trading on Tuesday, hitting $80.55. 6,568 shares of the company were exchanged, compared to its average volume of 125,386. The stock has a 50 day simple moving average of $79.59 and a 200-day simple moving average of $76.43. JPMorgan Equity Focus ETF has a 1-year low of $69.61 and a 1-year high of $81.30. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 26.67 and a beta of 0.96.

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.