JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Down 7.6% in December

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 74,900 shares, a drop of 7.6% from the November 30th total of 81,100 shares. Based on an average trading volume of 107,900 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Equity Focus ETF during the second quarter worth about $26,000. Commonwealth Equity Services LLC increased its holdings in JPMorgan Equity Focus ETF by 360.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock worth $11,074,000 after purchasing an additional 138,982 shares in the last quarter. Cozad Asset Management Inc. raised its stake in shares of JPMorgan Equity Focus ETF by 21.6% in the second quarter. Cozad Asset Management Inc. now owns 78,986 shares of the company’s stock worth $4,926,000 after purchasing an additional 14,006 shares during the last quarter. Gentry Private Wealth LLC bought a new position in shares of JPMorgan Equity Focus ETF in the second quarter valued at approximately $206,000. Finally, Thoroughbred Financial Services LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 42.2% in the second quarter. Thoroughbred Financial Services LLC now owns 12,209 shares of the company’s stock valued at $761,000 after purchasing an additional 3,625 shares in the last quarter.

JPMorgan Equity Focus ETF Price Performance

Shares of NASDAQ JPEF opened at $67.11 on Wednesday. The company has a 50 day simple moving average of $68.19 and a 200 day simple moving average of $65.27. JPMorgan Equity Focus ETF has a 1 year low of $51.99 and a 1 year high of $70.09. The firm has a market cap of $923.43 million, a PE ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.3881 per share. The ex-dividend date was Tuesday, December 24th. This is an increase from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

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.