JPMorgan Equity Focus ETF (NASDAQ:JPEF) Hits New 1-Year High – Still a Buy?

JPMorgan Equity Focus ETF (NASDAQ:JPEF)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $69.29 and last traded at $69.22, with a volume of 11147 shares trading hands. The stock had previously closed at $69.08.

JPMorgan Equity Focus ETF Stock Down 0.1 %

The stock has a market capitalization of $947.79 million, a PE ratio of 25.11 and a beta of 1.11. The stock has a fifty day moving average of $65.81 and a 200-day moving average of $63.10.

Institutional Trading of JPMorgan Equity Focus ETF

A number of institutional investors have recently bought and sold shares of the business. International Assets Investment Management LLC acquired a new position in JPMorgan Equity Focus ETF in the 2nd quarter valued at about $26,000. Highlander Capital Management LLC acquired a new position in JPMorgan Equity Focus ETF in the 1st quarter valued at about $51,000. Northwestern Mutual Wealth Management Co. increased its position in JPMorgan Equity Focus ETF by 3,006.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock valued at $161,000 after acquiring an additional 2,495 shares during the period. Planning Directions Inc. acquired a new position in JPMorgan Equity Focus ETF in the 3rd quarter valued at about $202,000. Finally, Tennessee Valley Asset Management Partners acquired a new position in JPMorgan Equity Focus ETF in the 2nd quarter valued at about $201,000.

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.