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

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

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

A number of large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. raised its position in JPMorgan Equity Focus ETF by 42.1% during the third quarter. JPMorgan Chase & Co. now owns 53,117 shares of the company’s stock worth $3,481,000 after acquiring an additional 15,728 shares during the period. World Investment Advisors LLC lifted its stake in JPMorgan Equity Focus ETF by 1.7% in the 3rd quarter. World Investment Advisors LLC now owns 12,994 shares of the company’s stock valued at $852,000 after buying an additional 221 shares in the last quarter. MML Investors Services LLC boosted its holdings in JPMorgan Equity Focus ETF by 9.6% in the 3rd quarter. MML Investors Services LLC now owns 147,014 shares of the company’s stock worth $9,634,000 after buying an additional 12,850 shares during the last quarter. D.A. Davidson & CO. increased its stake in JPMorgan Equity Focus ETF by 146.1% during the 3rd quarter. D.A. Davidson & CO. now owns 30,055 shares of the company’s stock worth $1,970,000 after buying an additional 17,841 shares in the last quarter. Finally, Raymond James Trust N.A. raised its holdings in shares of JPMorgan Equity Focus ETF by 52.4% during the third quarter. Raymond James Trust N.A. now owns 12,144 shares of the company’s stock valued at $796,000 after acquiring an additional 4,174 shares during the last quarter.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ JPEF opened at $67.11 on Wednesday. The company has a market capitalization of $923.43 million, a PE ratio of 25.11 and a beta of 1.11. The company’s fifty day moving average price is $68.19 and its 200 day moving average price is $65.27. JPMorgan Equity Focus ETF has a 1 year low of $51.99 and a 1 year high of $70.09.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.3881 per share. The ex-dividend date was Tuesday, December 24th. This is a boost 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.