Gentry Private Wealth LLC Invests $206,000 in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Gentry Private Wealth LLC bought a new stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the 2nd quarter, Holdings Channel reports. The firm bought 3,299 shares of the company’s stock, valued at approximately $206,000.

Several other hedge funds and other institutional investors have also made changes to their positions in JPEF. Cozad Asset Management Inc. lifted its stake in 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 valued at $4,926,000 after acquiring an additional 14,006 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in JPMorgan Equity Focus ETF by 360.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock valued at $11,074,000 after purchasing an additional 138,982 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in JPMorgan Equity Focus ETF in the 2nd quarter valued at about $26,000. Raymond James Trust N.A. grew its holdings in JPMorgan Equity Focus ETF by 85.9% during the second quarter. Raymond James Trust N.A. now owns 7,970 shares of the company’s stock worth $497,000 after purchasing an additional 3,683 shares during the period. Finally, Investment Planning Advisors Inc. acquired a new position in JPMorgan Equity Focus ETF during the second quarter worth approximately $9,978,000.

JPMorgan Equity Focus ETF Stock Down 1.8 %

NASDAQ:JPEF opened at $61.70 on Friday. JPMorgan Equity Focus ETF has a 12-month low of $45.27 and a 12-month high of $64.59. The stock’s 50 day moving average price is $62.83 and its two-hundred day moving average price is $60.48. The firm has a market capitalization of $721.89 million, a price-to-earnings ratio of 25.11 and a beta of 1.11.

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.