MML Investors Services LLC Sells 22,805 Shares of JPMorgan Equity Focus ETF $JPEF

MML Investors Services LLC decreased its holdings in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 2.5% in the fourth quarter, Holdings Channel reports. The firm owned 872,986 shares of the company’s stock after selling 22,805 shares during the quarter. MML Investors Services LLC’s holdings in JPMorgan Equity Focus ETF were worth $65,201,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JPEF. Qube Research & Technologies Ltd bought a new position in JPMorgan Equity Focus ETF during the third quarter worth about $54,000. Godsey & Gibb Inc. bought a new position in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $58,000. Root Financial Partners LLC raised its stake in shares of JPMorgan Equity Focus ETF by 470.8% in the fourth quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock valued at $66,000 after acquiring an additional 725 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $134,000. Finally, HBK Sorce Advisory LLC bought a new position in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $213,000.

JPMorgan Equity Focus ETF Trading Up 1.9%

NASDAQ:JPEF opened at $80.48 on Tuesday. JPMorgan Equity Focus ETF has a 1 year low of $67.28 and a 1 year high of $81.30. The firm has a 50 day moving average of $78.36 and a 200-day moving average of $76.00. The stock has a market capitalization of $1.94 billion, a P/E 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.