JPMorgan Equity Focus ETF (NASDAQ:JPEF – Get Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 62,331 shares, a decrease of 54.6% from the June 30th total of 137,414 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average trading volume of 94,919 shares, the short-interest ratio is currently 0.7 days.
JPMorgan Equity Focus ETF Stock Down 1.6%
JPEF traded down $1.27 on Wednesday, hitting $77.80. The company had a trading volume of 86,710 shares, compared to its average volume of 124,818. The company has a market cap of $1.92 billion, a PE ratio of 26.67 and a beta of 0.96. JPMorgan Equity Focus ETF has a 12-month low of $69.61 and a 12-month high of $81.30. The business’s fifty day simple moving average is $79.87 and its 200 day simple moving average is $77.02.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of JPEF. Qube Research & Technologies Ltd bought a new stake in shares of JPMorgan Equity Focus ETF during the third quarter worth $54,000. Ascentis Independent Advisors purchased a new position in JPMorgan Equity Focus ETF during the first quarter valued at approximately $55,000. Godsey & Gibb Inc. purchased a new position in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at $58,000. Western Wealth Management LLC bought a new position in JPMorgan Equity Focus ETF in the first quarter worth about $62,000. Finally, Root Financial Partners LLC raised its stake in shares of JPMorgan Equity Focus ETF by 470.8% during the 4th quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock worth $66,000 after acquiring an additional 725 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.
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