SFG Wealth Management LLC. Trims Stock Holdings in JPMorgan Equity Focus ETF $JPEF

SFG Wealth Management LLC. reduced its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 35.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,366 shares of the company’s stock after selling 19,598 shares during the period. JPMorgan Equity Focus ETF makes up 1.1% of SFG Wealth Management LLC.’s portfolio, making the stock its 18th biggest position. SFG Wealth Management LLC. owned approximately 0.17% of JPMorgan Equity Focus ETF worth $2,716,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Concurrent Investment Advisors LLC grew its stake in shares of JPMorgan Equity Focus ETF by 2.5% in the third quarter. Concurrent Investment Advisors LLC now owns 7,317 shares of the company’s stock worth $542,000 after acquiring an additional 181 shares during the last quarter. Parsons Capital Management Inc. RI grew its stake in shares of JPMorgan Equity Focus ETF by 6.5% in the fourth quarter. Parsons Capital Management Inc. RI now owns 4,469 shares of the company’s stock worth $334,000 after acquiring an additional 271 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of JPMorgan Equity Focus ETF by 8.8% in the second quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after acquiring an additional 328 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in shares of JPMorgan Equity Focus ETF by 9.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,655 shares of the company’s stock worth $348,000 after acquiring an additional 391 shares during the last quarter. Finally, Capital Advisors Wealth Management LLC grew its stake in shares of JPMorgan Equity Focus ETF by 4.0% in the fourth quarter. Capital Advisors Wealth Management LLC now owns 10,928 shares of the company’s stock worth $816,000 after acquiring an additional 425 shares during the last quarter.

JPMorgan Equity Focus ETF Trading Up 1.7%

NASDAQ JPEF opened at $79.71 on Thursday. JPMorgan Equity Focus ETF has a 12 month low of $63.86 and a 12 month high of $79.71. The stock has a market cap of $1.93 billion, a P/E ratio of 26.67 and a beta of 0.98. The stock’s fifty day moving average price is $74.78 and its 200-day moving average price is $74.96.

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.