JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Update

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 5,500 shares, a decline of 58.0% from the August 31st total of 13,100 shares. Based on an average trading volume of 68,100 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Equity Focus ETF Stock Down 0.4 %

JPEF stock opened at $65.22 on Friday. The company has a market capitalization of $763.07 million, a PE ratio of 25.11 and a beta of 1.11. The stock’s 50 day moving average is $63.15 and its two-hundred day moving average is $61.23. JPMorgan Equity Focus ETF has a 52-week low of $45.27 and a 52-week high of $65.84.

Institutional Trading of JPMorgan Equity Focus ETF

Several hedge funds and other institutional investors have recently bought and sold shares of JPEF. Thrivent Financial for Lutherans lifted its holdings in JPMorgan Equity Focus ETF by 24.8% in the second quarter. Thrivent Financial for Lutherans now owns 941,813 shares of the company’s stock worth $58,731,000 after acquiring an additional 186,867 shares during the last quarter. Investment Planning Advisors Inc. acquired a new position in JPMorgan Equity Focus ETF during the 2nd quarter valued at approximately $9,978,000. Commonwealth Equity Services LLC grew its stake in JPMorgan Equity Focus ETF by 360.1% during the 2nd quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock worth $11,074,000 after buying an additional 138,982 shares during the last quarter. Raymond James & Associates increased its position in JPMorgan Equity Focus ETF by 102.2% in the second quarter. Raymond James & Associates now owns 162,557 shares of the company’s stock worth $10,137,000 after buying an additional 82,166 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in shares of JPMorgan Equity Focus ETF by 12.1% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 532,992 shares of the company’s stock valued at $33,237,000 after acquiring an additional 57,702 shares during the period.

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.