JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Significant Growth in Short Interest

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a large growth in short interest in January. As of January 15th, there was short interest totaling 21,868 shares, a growth of 22.8% from the December 31st total of 17,814 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 144,149 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 144,149 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Several large investors have recently added to or reduced their stakes in JPEF. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Equity Focus ETF in the first quarter worth $325,000. Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Equity Focus ETF by 15.6% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 7,344 shares of the company’s stock worth $520,000 after buying an additional 991 shares during the period. Farther Finance Advisors LLC purchased a new stake in JPMorgan Equity Focus ETF in the 2nd quarter worth $55,000. Wealthcare Advisory Partners LLC raised its holdings in JPMorgan Equity Focus ETF by 6.7% during the second quarter. Wealthcare Advisory Partners LLC now owns 24,732 shares of the company’s stock valued at $1,735,000 after acquiring an additional 1,544 shares during the period. Finally, DAVENPORT & Co LLC lifted its position in shares of JPMorgan Equity Focus ETF by 5.8% in the second quarter. DAVENPORT & Co LLC now owns 76,280 shares of the company’s stock valued at $5,350,000 after acquiring an additional 4,213 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Performance

NASDAQ JPEF opened at $75.11 on Thursday. The business’s fifty day moving average is $75.22 and its 200 day moving average is $73.97. JPMorgan Equity Focus ETF has a fifty-two week low of $55.46 and a fifty-two week high of $76.28. The company 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. Investors of record on Tuesday, December 16th were paid a dividend of $0.5228 per share. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 70.0%.

JPMorgan Equity Focus ETF Company Profile

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.