Balance Wealth LLC Sells 95,207 Shares of JPMorgan Equity Focus ETF $JPEF

Balance Wealth LLC trimmed its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 26.2% in the first quarter, Holdings Channel.com reports. The firm owned 268,448 shares of the company’s stock after selling 95,207 shares during the quarter. JPMorgan Equity Focus ETF comprises 6.0% of Balance Wealth LLC’s portfolio, making the stock its 3rd largest holding. Balance Wealth LLC’s holdings in JPMorgan Equity Focus ETF were worth $19,277,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in JPEF. Raymond James Financial Inc. lifted its position in JPMorgan Equity Focus ETF by 2.0% in the 4th quarter. Raymond James Financial Inc. now owns 2,219,880 shares of the company’s stock worth $165,796,000 after buying an additional 42,610 shares in the last quarter. LPL Financial LLC grew its holdings in shares of JPMorgan Equity Focus ETF by 1.9% during the 4th quarter. LPL Financial LLC now owns 1,203,838 shares of the company’s stock valued at $89,911,000 after acquiring an additional 22,969 shares in the last quarter. MML Investors Services LLC increased its stake in shares of JPMorgan Equity Focus ETF by 7.6% in the second quarter. MML Investors Services LLC now owns 1,076,371 shares of the company’s stock worth $75,497,000 after acquiring an additional 76,189 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of JPMorgan Equity Focus ETF by 2.1% in the fourth quarter. Cetera Investment Advisers now owns 551,670 shares of the company’s stock worth $41,203,000 after acquiring an additional 11,148 shares during the last quarter. Finally, Leverty Financial Group LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 0.3% during the fourth quarter. Leverty Financial Group LLC now owns 322,105 shares of the company’s stock worth $24,057,000 after acquiring an additional 1,110 shares in the last quarter.

JPMorgan Equity Focus ETF Trading Up 0.1%

JPEF opened at $78.80 on Friday. The stock has a fifty day moving average price of $79.23 and a 200 day moving average price of $76.21. JPMorgan Equity Focus ETF has a 1 year low of $68.94 and a 1 year high of $81.30. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 26.67 and a beta of 0.96.

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.