JPMorgan Equity Focus ETF $JPEF Shares Newly Purchased by King Luther Capital Management Corp

King Luther Capital Management Corp acquired a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 7,000 shares of the company’s stock, valued at approximately $569,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Godsey & Gibb Inc. purchased a new stake in shares of JPMorgan Equity Focus ETF in the third quarter worth approximately $38,000. Western Wealth Management LLC purchased a new position in shares of JPMorgan Equity Focus ETF during the first quarter valued at approximately $62,000. M Holdings Securities Inc. purchased a new position in shares of JPMorgan Equity Focus ETF during the third quarter valued at approximately $202,000. Independent Financial Group LLC purchased a new position in shares of JPMorgan Equity Focus ETF during the first quarter valued at approximately $231,000. Finally, WNY Asset Management LLC bought a new stake in JPMorgan Equity Focus ETF during the first quarter worth $254,000.

JPMorgan Equity Focus ETF Trading Down 0.6%

JPMorgan Equity Focus ETF stock traded down $0.50 during trading on Friday, hitting $80.30. 47,417 shares of the company were exchanged, compared to its average volume of 104,102. The company has a market capitalization of $1.99 billion, a P/E ratio of 21.95 and a beta of 0.95. The business’s 50 day moving average is $81.28 and its 200 day moving average is $78.82. JPMorgan Equity Focus ETF has a 52 week low of $69.68 and a 52 week high of $83.41.

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.