Royal Bank of Canada Increases Stock Position in JPMorgan Equity Focus ETF $JPEF

Royal Bank of Canada grew its holdings in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 63.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 169,423 shares of the company’s stock after purchasing an additional 65,567 shares during the period. Royal Bank of Canada owned approximately 0.80% of JPMorgan Equity Focus ETF worth $10,786,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Hazlett Burt & Watson Inc. bought a new stake in JPMorgan Equity Focus ETF in the 1st quarter worth approximately $46,000. 3Chopt Investment Partners LLC purchased a new stake in shares of JPMorgan Equity Focus ETF during the 1st quarter valued at about $54,000. Continuum Advisory LLC bought a new stake in JPMorgan Equity Focus ETF in the first quarter worth $56,000. Comerica Bank bought a new stake in JPMorgan Equity Focus ETF in the fourth quarter worth $123,000. Finally, Southland Equity Partners LLC bought a new position in JPMorgan Equity Focus ETF in the 1st quarter worth about $216,000.

JPMorgan Equity Focus ETF Price Performance

JPEF stock opened at $73.74 on Friday. The company has a market capitalization of $1.66 billion, a P/E ratio of 26.67 and a beta of 1.11. The business has a 50-day moving average price of $71.54 and a 200 day moving average price of $67.29. JPMorgan Equity Focus ETF has a 1-year low of $55.46 and a 1-year high of $73.80.

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.