JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Down 40.2% in July

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 37,267 shares, a drop of 40.2% from the July 15th total of 62,331 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 110,714 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Hedge funds have recently made changes to their positions in the business. Qube Research & Technologies Ltd bought a new stake in JPMorgan Equity Focus ETF during the 3rd quarter valued at approximately $54,000. Ascentis Independent Advisors bought a new position in JPMorgan Equity Focus ETF in the 1st quarter worth approximately $55,000. Godsey & Gibb Inc. purchased a new stake in JPMorgan Equity Focus ETF during the 4th quarter valued at approximately $58,000. Western Wealth Management LLC purchased a new stake in JPMorgan Equity Focus ETF during the 1st quarter valued at approximately $62,000. Finally, Root Financial Partners LLC grew its holdings in JPMorgan Equity Focus ETF by 470.8% during the 4th quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock valued at $66,000 after buying an additional 725 shares in the last quarter.

JPMorgan Equity Focus ETF Trading Down 0.8%

JPMorgan Equity Focus ETF stock traded down $0.63 during mid-day trading on Tuesday, hitting $82.15. The stock had a trading volume of 87,363 shares, compared to its average volume of 120,089. The firm has a market capitalization of $2.03 billion, a P/E ratio of 26.67 and a beta of 0.96. The firm’s 50 day moving average is $80.33 and its 200 day moving average is $77.68. JPMorgan Equity Focus ETF has a one year low of $69.68 and a one year high of $83.20.

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.