Csenge Advisory Group Makes New Investment in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Csenge Advisory Group acquired a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,662 shares of the company’s stock, valued at approximately $514,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans increased its holdings in JPMorgan Equity Focus ETF by 4.1% in the third quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock valued at $64,217,000 after buying an additional 38,156 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Focus ETF by 42.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 53,117 shares of the company’s stock valued at $3,481,000 after acquiring an additional 15,728 shares during the period. Private Advisor Group LLC increased its stake in shares of JPMorgan Equity Focus ETF by 33.7% in the 3rd quarter. Private Advisor Group LLC now owns 8,478 shares of the company’s stock valued at $556,000 after purchasing an additional 2,135 shares in the last quarter. Raymond James & Associates raised its holdings in JPMorgan Equity Focus ETF by 23.9% in the 3rd quarter. Raymond James & Associates now owns 201,422 shares of the company’s stock worth $13,199,000 after purchasing an additional 38,865 shares during the period. Finally, Stratos Wealth Partners LTD. purchased a new position in JPMorgan Equity Focus ETF during the fourth quarter worth approximately $19,917,000.

JPMorgan Equity Focus ETF Trading Up 0.1 %

Shares of JPEF opened at $68.93 on Wednesday. The firm has a market cap of $1.14 billion, a P/E ratio of 25.11 and a beta of 1.11. The stock’s 50 day moving average is $68.44 and its two-hundred day moving average is $66.61. JPMorgan Equity Focus ETF has a 12 month low of $55.57 and a 12 month high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a $0.3881 dividend. 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 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.