Royal Bank of Canada Has $18.64 Million Stock Holdings in JPMorgan Equity Focus ETF $JPEF

Royal Bank of Canada raised its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 11.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 259,526 shares of the company’s stock after buying an additional 27,048 shares during the period. Royal Bank of Canada owned about 1.07% of JPMorgan Equity Focus ETF worth $18,636,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Moneco Advisors LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 3.7% in the 4th quarter. Moneco Advisors LLC now owns 232,019 shares of the company’s stock worth $17,329,000 after acquiring an additional 8,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in JPMorgan Equity Focus ETF by 19.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 93,254 shares of the company’s stock valued at $6,965,000 after purchasing an additional 15,095 shares during the last quarter. Thrivent Financial for Lutherans bought a new stake in JPMorgan Equity Focus ETF during the 4th quarter worth approximately $16,453,000. AlphaCore Capital LLC bought a new stake in JPMorgan Equity Focus ETF during the 4th quarter worth approximately $10,752,000. Finally, Mayflower Financial Advisors LLC bought a new stake in JPMorgan Equity Focus ETF during the 1st quarter worth approximately $1,306,000.

JPMorgan Equity Focus ETF Stock Down 0.3%

Shares of JPMorgan Equity Focus ETF stock opened at $82.23 on Friday. JPMorgan Equity Focus ETF has a 52 week low of $69.68 and a 52 week high of $83.20. The business has a 50 day moving average price of $79.97 and a 200-day moving average price of $77.29. The company has a market cap of $2.03 billion, a PE 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.