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

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 36,525 shares, a growth of 479.9% from the January 29th total of 6,298 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 96,579 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 96,579 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Trading of JPMorgan Equity Focus ETF

Several institutional investors have recently modified their holdings of JPEF. Advisory Alpha LLC increased its stake in shares of JPMorgan Equity Focus ETF by 4.4% during the fourth quarter. Advisory Alpha LLC now owns 3,729 shares of the company’s stock worth $279,000 after purchasing an additional 158 shares in the last quarter. Concurrent Investment Advisors LLC boosted its holdings in JPMorgan Equity Focus ETF by 2.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 7,317 shares of the company’s stock worth $542,000 after buying an additional 181 shares during the last quarter. Parsons Capital Management Inc. RI increased its stake in JPMorgan Equity Focus ETF by 6.5% during the 4th quarter. Parsons Capital Management Inc. RI now owns 4,469 shares of the company’s stock worth $334,000 after buying an additional 271 shares in the last quarter. Captrust Financial Advisors increased its stake in JPMorgan Equity Focus ETF by 8.8% during the 2nd quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after buying an additional 328 shares in the last quarter. Finally, Kestra Private Wealth Services LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 9.2% during the fourth quarter. Kestra Private Wealth Services LLC now owns 4,655 shares of the company’s stock valued at $348,000 after acquiring an additional 391 shares during the last quarter.

JPMorgan Equity Focus ETF Stock Up 0.9%

Shares of JPMorgan Equity Focus ETF stock traded up $0.66 on Wednesday, reaching $76.23. The company’s stock had a trading volume of 162,240 shares, compared to its average volume of 169,825. The company has a market capitalization of $1.61 billion, a P/E ratio of 26.67 and a beta of 1.00. The stock has a 50-day moving average price of $75.23 and a 200-day moving average price of $74.44. JPMorgan Equity Focus ETF has a 52-week low of $55.46 and a 52-week high of $76.49.

JPMorgan Equity Focus ETF Announces Dividend

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

About JPMorgan Equity Focus ETF

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.