JPMorgan Equity Focus ETF $JPEF Position Boosted by Balance Wealth LLC

Balance Wealth LLC grew its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 103.7% during the second quarter, Holdings Channel.com reports. The firm owned 326,863 shares of the company’s stock after buying an additional 166,396 shares during the period. JPMorgan Equity Focus ETF comprises about 13.4% of Balance Wealth LLC’s portfolio, making the stock its biggest holding. Balance Wealth LLC’s holdings in JPMorgan Equity Focus ETF were worth $22,926,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. BridgePort Financial Solutions LLC grew its holdings in shares of JPMorgan Equity Focus ETF by 212.2% during the 2nd quarter. BridgePort Financial Solutions LLC now owns 78,776 shares of the company’s stock valued at $5,525,000 after acquiring an additional 53,546 shares in the last quarter. Modern Wealth Management LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 100.5% during the first quarter. Modern Wealth Management LLC now owns 6,907 shares of the company’s stock worth $440,000 after acquiring an additional 3,462 shares in the last quarter. Fifth Third Bancorp acquired a new stake in JPMorgan Equity Focus ETF during the second quarter valued at $33,000. Steward Partners Investment Advisory LLC grew its stake in JPMorgan Equity Focus ETF by 286.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 15,764 shares of the company’s stock valued at $1,106,000 after purchasing an additional 11,683 shares in the last quarter. Finally, Raymond James Financial Inc. grew its stake in JPMorgan Equity Focus ETF by 100.6% in the first quarter. Raymond James Financial Inc. now owns 1,783,361 shares of the company’s stock valued at $113,529,000 after purchasing an additional 894,439 shares in the last quarter.

JPMorgan Equity Focus ETF Price Performance

Shares of JPEF stock opened at $76.01 on Friday. JPMorgan Equity Focus ETF has a fifty-two week low of $55.46 and a fifty-two week high of $76.28. The stock’s 50-day moving average is $74.61 and its two-hundred day moving average is $71.99. The firm has a market cap of $1.65 billion, a P/E ratio of 26.67 and a beta of 1.00.

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.