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

Brown Advisory Inc. bought a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the first quarter, according to the company in its most recent filing with the SEC. The firm bought 7,349 shares of the company’s stock, valued at approximately $468,000.

A number of other hedge funds have also made changes to their positions in JPEF. LPL Financial LLC grew its position in shares of JPMorgan Equity Focus ETF by 7.3% during the 4th quarter. LPL Financial LLC now owns 684,680 shares of the company’s stock worth $45,949,000 after buying an additional 46,491 shares during the period. Investment Planning Advisors Inc. lifted its stake in JPMorgan Equity Focus ETF by 67.7% in the first quarter. Investment Planning Advisors Inc. now owns 445,768 shares of the company’s stock valued at $28,378,000 after buying an additional 180,000 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in JPMorgan Equity Focus ETF by 78.9% in the first quarter. Envestnet Asset Management Inc. now owns 378,178 shares of the company’s stock valued at $24,075,000 after buying an additional 166,782 shares in the last quarter. MML Investors Services LLC lifted its stake in JPMorgan Equity Focus ETF by 132.3% in the fourth quarter. MML Investors Services LLC now owns 341,509 shares of the company’s stock valued at $22,919,000 after buying an additional 194,495 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of JPMorgan Equity Focus ETF by 40.2% in the first quarter. Janney Montgomery Scott LLC now owns 219,773 shares of the company’s stock worth $13,991,000 after purchasing an additional 63,037 shares in the last quarter.

JPMorgan Equity Focus ETF Trading Down 0.6%

Shares of JPEF opened at $70.23 on Wednesday. The company has a market cap of $1.57 billion, a price-to-earnings ratio of 26.67 and a beta of 1.11. JPMorgan Equity Focus ETF has a 1-year low of $55.46 and a 1-year high of $70.96. The company’s fifty day simple moving average is $68.00 and its 200 day simple moving average is $66.28.

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.