SFG Wealth Management LLC. Grows Stock Holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

SFG Wealth Management LLC. lifted its position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 5.5% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,748 shares of the company’s stock after buying an additional 3,955 shares during the quarter. JPMorgan Equity Focus ETF comprises 2.7% of SFG Wealth Management LLC.’s holdings, making the stock its 8th biggest position. SFG Wealth Management LLC.’s holdings in JPMorgan Equity Focus ETF were worth $5,083,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thrivent Financial for Lutherans lifted its position in shares of JPMorgan Equity Focus ETF by 4.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock valued at $64,217,000 after acquiring an additional 38,156 shares during the period. JPMorgan Chase & Co. raised its stake in JPMorgan Equity Focus ETF by 42.1% in the third quarter. JPMorgan Chase & Co. now owns 53,117 shares of the company’s stock valued at $3,481,000 after purchasing an additional 15,728 shares in the last quarter. Private Advisor Group LLC lifted its position in 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 purchasing an additional 2,135 shares during the period. Raymond James & Associates lifted its position in JPMorgan Equity Focus ETF by 23.9% during the third 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, Beaumont Financial Advisors LLC grew its stake in JPMorgan Equity Focus ETF by 28.5% during the third quarter. Beaumont Financial Advisors LLC now owns 355,632 shares of the company’s stock worth $23,305,000 after buying an additional 78,971 shares in the last quarter.

JPMorgan Equity Focus ETF Trading Up 0.7 %

Shares of NASDAQ:JPEF opened at $68.63 on Monday. The firm has a 50 day moving average of $68.43 and a 200-day moving average of $65.73. JPMorgan Equity Focus ETF has a 12 month low of $52.85 and a 12 month high of $70.09. The stock has a market capitalization of $1.12 billion, a PE ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

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

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.