Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Increases By 33.1%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 61,500 shares, an increase of 33.1% from the October 31st total of 46,200 shares. Based on an average daily trading volume, of 87,000 shares, the days-to-cover ratio is presently 0.7 days.

JPMorgan Equity Focus ETF Stock Up 0.4 %

Shares of NASDAQ:JPEF opened at $69.34 on Monday. The firm has a 50 day moving average of $66.96 and a 200 day moving average of $63.97. The company has a market capitalization of $954.12 million, a price-to-earnings ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 52 week low of $50.30 and a 52 week high of $69.49.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. World Investment Advisors LLC boosted its position in JPMorgan Equity Focus ETF by 1.7% during the third quarter. World Investment Advisors LLC now owns 12,994 shares of the company’s stock valued at $852,000 after purchasing an additional 221 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Equity Focus ETF during the second quarter valued at about $26,000. Denver Wealth Management Inc. boosted its holdings in shares of JPMorgan Equity Focus ETF by 19.0% in the 3rd quarter. Denver Wealth Management Inc. now owns 5,258 shares of the company’s stock valued at $345,000 after buying an additional 840 shares in the last quarter. ICA Group Wealth Management LLC grew its position in shares of JPMorgan Equity Focus ETF by 27.4% in the 2nd quarter. ICA Group Wealth Management LLC now owns 4,396 shares of the company’s stock worth $274,000 after buying an additional 946 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of JPMorgan Equity Focus ETF by 33.7% during the 3rd quarter. Private Advisor Group LLC now owns 8,478 shares of the company’s stock worth $556,000 after acquiring an additional 2,135 shares in the last quarter.

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.