Balance Wealth LLC Has $19.28 Million Stock Position in JPMorgan Equity Focus ETF $JPEF

Balance Wealth LLC trimmed its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 26.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 268,448 shares of the company’s stock after selling 95,207 shares during the quarter. JPMorgan Equity Focus ETF makes up 6.0% of Balance Wealth LLC’s holdings, making the stock its 3rd largest holding. Balance Wealth LLC owned about 1.12% of JPMorgan Equity Focus ETF worth $19,277,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Equity Focus ETF in the first quarter worth about $325,000. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Equity Focus ETF by 33.1% during the second quarter. JPMorgan Chase & Co. now owns 69,703 shares of the company’s stock valued at $4,889,000 after acquiring an additional 17,328 shares during the period. Raymond James Financial Inc. lifted its position in shares of JPMorgan Equity Focus ETF by 9.8% in the 2nd quarter. Raymond James Financial Inc. now owns 1,958,565 shares of the company’s stock valued at $137,374,000 after acquiring an additional 175,204 shares in the last quarter. MML Investors Services LLC lifted its position in shares of JPMorgan Equity Focus ETF by 7.6% in the 2nd quarter. MML Investors Services LLC now owns 1,076,371 shares of the company’s stock valued at $75,497,000 after acquiring an additional 76,189 shares in the last quarter. Finally, Captrust Financial Advisors boosted its stake in JPMorgan Equity Focus ETF by 8.8% in the 2nd quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after purchasing an additional 328 shares during the period.

JPMorgan Equity Focus ETF Stock Performance

NASDAQ JPEF opened at $78.80 on Friday. JPMorgan Equity Focus ETF has a twelve month low of $68.94 and a twelve month high of $81.30. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 26.67 and a beta of 0.96. The firm’s 50 day moving average price is $79.23 and its two-hundred day moving average price is $76.21.

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.