JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Large Volume Increase – Time to Buy?

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw unusually-strong trading volume on Tuesday . Approximately 2,043,068 shares traded hands during trading, an increase of 1,657% from the previous session’s volume of 116,294 shares.The stock last traded at $75.1660 and had previously closed at $74.96.

JPMorgan Equity Focus ETF Trading Down 0.3%

The company’s 50-day moving average is $75.13 and its 200 day moving average is $74.29. The stock has a market capitalization of $1.58 billion, a PE ratio of 26.67 and a beta of 1.00.

JPMorgan Equity Focus ETF Announces Dividend

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

Institutional Trading of JPMorgan Equity Focus ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JPEF. Qube Research & Technologies Ltd acquired a new position in shares of JPMorgan Equity Focus ETF in the third quarter valued at about $54,000. Godsey & Gibb Inc. purchased a new stake in JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $58,000. Root Financial Partners LLC increased its holdings in JPMorgan Equity Focus ETF by 470.8% in the 4th quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock worth $66,000 after buying an additional 725 shares during the period. International Assets Investment Management LLC purchased a new position in JPMorgan Equity Focus ETF during the 4th quarter worth approximately $134,000. Finally, HBK Sorce Advisory LLC purchased a new position in JPMorgan Equity Focus ETF during the 4th quarter worth approximately $213,000.

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.