Commonwealth Equity Services LLC Has $2.31 Million Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Commonwealth Equity Services LLC reduced its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 6.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,595 shares of the company’s stock after selling 2,812 shares during the quarter. Commonwealth Equity Services LLC owned about 0.39% of JPMorgan Equity Focus ETF worth $2,307,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital Advisors Ltd. LLC acquired a new stake in shares of JPMorgan Equity Focus ETF in the first quarter valued at about $56,000. ICA Group Wealth Management LLC acquired a new stake in JPMorgan Equity Focus ETF during the fourth quarter worth about $125,000. Private Advisor Group LLC acquired a new stake in JPMorgan Equity Focus ETF during the fourth quarter worth about $285,000. Synergy Asset Management LLC acquired a new stake in JPMorgan Equity Focus ETF during the first quarter worth about $335,000. Finally, Tower Research Capital LLC TRC acquired a new stake in JPMorgan Equity Focus ETF during the third quarter worth about $542,000.

JPMorgan Equity Focus ETF Stock Up 0.6 %

JPEF stock opened at $63.26 on Friday. JPMorgan Equity Focus ETF has a twelve month low of $45.27 and a twelve month high of $63.33. The company has a market cap of $675.62 million, a PE ratio of 25.11 and a beta of 1.11. The business’s 50-day simple moving average is $60.61 and its 200 day simple moving average is $57.81.

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.