Thrivent Financial for Lutherans Sells 112,564 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Thrivent Financial for Lutherans trimmed its position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 11.5% during the 4th quarter, HoldingsChannel reports. The fund owned 867,405 shares of the company’s stock after selling 112,564 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.05% of JPMorgan Equity Focus ETF worth $58,212,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JPEF. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at approximately $59,656,000. Stratos Wealth Partners LTD. bought a new stake in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at approximately $19,917,000. Empire Life Investments Inc. bought a new stake in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at approximately $8,214,000. SPC Financial Inc. bought a new stake in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at approximately $7,697,000. Finally, Beaumont Financial Advisors LLC grew its stake in shares of JPMorgan Equity Focus ETF by 31.3% in the 4th quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock valued at $31,339,000 after purchasing an additional 111,342 shares during the period.

JPMorgan Equity Focus ETF Trading Up 1.1 %

JPEF stock opened at $64.24 on Thursday. JPMorgan Equity Focus ETF has a 1-year low of $56.49 and a 1-year high of $70.16. The firm has a market cap of $1.06 billion, a P/E ratio of 24.28 and a beta of 1.11. The business’s 50 day moving average is $67.35 and its 200-day moving average is $67.07.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors 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 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.