JPMorgan Equity Focus ETF (NASDAQ:JPEF) Reaches New 1-Year High – What’s Next?

JPMorgan Equity Focus ETF (NASDAQ:JPEF)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.95 and last traded at $79.81, with a volume of 83355 shares. The stock had previously closed at $79.77.

JPMorgan Equity Focus ETF Price Performance

The firm has a fifty day simple moving average of $75.19 and a 200-day simple moving average of $75.15. The firm has a market cap of $1.94 billion, a P/E ratio of 26.67 and a beta of 0.98.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advisory Alpha LLC boosted its holdings in JPMorgan Equity Focus ETF by 4.4% in the fourth quarter. Advisory Alpha LLC now owns 3,729 shares of the company’s stock worth $279,000 after acquiring 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 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 in the last quarter. Lodestar Private Asset Management LLC boosted its holdings in JPMorgan Equity Focus ETF by 4.5% in the first quarter. Lodestar Private Asset Management LLC now owns 4,563 shares of the company’s stock worth $328,000 after acquiring an additional 197 shares in the last quarter. Parsons Capital Management Inc. RI boosted its holdings in 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 in the last quarter. Finally, Private Advisor Group LLC boosted its holdings in JPMorgan Equity Focus ETF by 2.7% in the first quarter. Private Advisor Group LLC now owns 10,553 shares of the company’s stock worth $758,000 after acquiring an additional 273 shares in the last quarter.

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.