7,349 Shares in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Bought by Brown Advisory Inc.

Brown Advisory Inc. purchased a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 7,349 shares of the company’s stock, valued at approximately $468,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Harbour Investments Inc. acquired a new position in JPMorgan Equity Focus ETF during the fourth quarter worth $454,000. LPL Financial LLC raised its stake in shares of JPMorgan Equity Focus ETF by 7.3% in the 4th quarter. LPL Financial LLC now owns 684,680 shares of the company’s stock valued at $45,949,000 after purchasing an additional 46,491 shares in the last quarter. Modern Wealth Management LLC acquired a new stake in JPMorgan Equity Focus ETF during the fourth quarter worth about $239,000. Tyler Stone Wealth Management raised its stake in JPMorgan Equity Focus ETF by 199.7% during the fourth quarter. Tyler Stone Wealth Management now owns 11,328 shares of the company’s stock worth $760,000 after acquiring an additional 7,548 shares during the period. Finally, Blair William & Co. IL acquired a new stake in JPMorgan Equity Focus ETF during the fourth quarter valued at approximately $34,000.

JPMorgan Equity Focus ETF Stock Performance

NASDAQ JPEF opened at $70.23 on Wednesday. The firm has a 50-day simple moving average of $68.00 and a 200 day simple moving average of $66.28. JPMorgan Equity Focus ETF has a twelve month low of $55.46 and a twelve month high of $70.96. The stock has a market cap of $1.57 billion, a PE ratio of 26.67 and a beta of 1.11.

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.