Janney Montgomery Scott LLC Has $10.52 Million Position in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Janney Montgomery Scott LLC increased its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 56.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 156,736 shares of the company’s stock after purchasing an additional 56,459 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.97% of JPMorgan Equity Focus ETF worth $10,519,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. World Investment Advisors LLC lifted its holdings in shares of 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 worth $852,000 after buying an additional 221 shares during the last quarter. Denver Wealth Management Inc. lifted its holdings in shares of JPMorgan Equity Focus ETF by 19.0% during the third quarter. Denver Wealth Management Inc. now owns 5,258 shares of the company’s stock worth $345,000 after buying an additional 840 shares during the last quarter. Capital Advisors Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 18.3% during the fourth quarter. Capital Advisors Wealth Management LLC now owns 7,306 shares of the company’s stock worth $490,000 after buying an additional 1,131 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 33.7% during the third quarter. Private Advisor Group LLC now owns 8,478 shares of the company’s stock worth $556,000 after buying an additional 2,135 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of JPMorgan Equity Focus ETF by 3,006.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock worth $161,000 after buying an additional 2,495 shares during the last quarter.

JPMorgan Equity Focus ETF Stock Down 0.1 %

Shares of JPEF stock opened at $69.90 on Monday. JPMorgan Equity Focus ETF has a 12 month low of $54.15 and a 12 month high of $70.16. The firm has a market cap of $1.15 billion, a PE ratio of 25.11 and a beta of 1.11. The stock has a 50 day moving average of $68.51 and a 200-day moving average of $65.94.

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 issued a dividend of $0.3881 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change 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.