JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Large Decline in Short Interest

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 6,298 shares, a decline of 71.2% from the January 15th total of 21,868 shares. Based on an average daily volume of 106,854 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 106,854 shares, the short-interest ratio is presently 0.1 days.

JPMorgan Equity Focus ETF Trading Down 0.2%

JPMorgan Equity Focus ETF stock traded down $0.16 during mid-day trading on Friday, hitting $74.95. 73,137 shares of the company’s stock were exchanged, compared to its average volume of 115,951. JPMorgan Equity Focus ETF has a 1-year low of $55.46 and a 1-year high of $76.49. The stock has a 50 day moving average of $75.21 and a two-hundred day moving average of $74.15. The stock has a market cap of $1.58 billion, a P/E ratio of 26.67 and a beta of 1.00.

JPMorgan Equity Focus ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were paid a $0.5228 dividend. This represents a dividend yield of 70.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

A number of large investors have recently added to or reduced their stakes in JPEF. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Equity Focus ETF in the first quarter valued at approximately $325,000. Concurrent Investment Advisors LLC grew its stake in JPMorgan Equity Focus ETF by 43.7% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 7,136 shares of the company’s stock valued at $501,000 after buying an additional 2,171 shares during the last quarter. Stratos Wealth Partners LTD. raised its holdings in JPMorgan Equity Focus ETF by 3.2% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 314,949 shares of the company’s stock worth $22,091,000 after acquiring an additional 9,633 shares during the period. D.A. Davidson & CO. raised its holdings in JPMorgan Equity Focus ETF by 38.3% in the 2nd quarter. D.A. Davidson & CO. now owns 71,651 shares of the company’s stock worth $5,026,000 after acquiring an additional 19,855 shares during the period. Finally, Prosperity Financial Group Inc. lifted its position in JPMorgan Equity Focus ETF by 4.7% during the 2nd quarter. Prosperity Financial Group Inc. now owns 11,352 shares of the company’s stock worth $796,000 after acquiring an additional 509 shares during the last quarter.

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.