JPMorgan Equity Focus ETF (NASDAQ:JPEF) Short Interest Up 22.8% in January

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a significant growth in short interest in the month of 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. Based on an average daily volume of 144,149 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short. Currently, 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.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Thrivent Financial for Lutherans acquired a new stake in shares of JPMorgan Equity Focus ETF during the 2nd quarter worth about $22,599,000. Raymond James Financial Inc. raised its holdings in JPMorgan Equity Focus ETF by 11.2% in the 3rd quarter. Raymond James Financial Inc. now owns 2,177,270 shares of the company’s stock valued at $161,314,000 after acquiring an additional 218,705 shares during the period. Balance Wealth LLC raised its holdings in JPMorgan Equity Focus ETF by 103.7% in the 2nd quarter. Balance Wealth LLC now owns 326,863 shares of the company’s stock valued at $22,926,000 after acquiring an additional 166,396 shares during the period. Osaic Holdings Inc. lifted its position in JPMorgan Equity Focus ETF by 29.1% during the second quarter. Osaic Holdings Inc. now owns 558,669 shares of the company’s stock worth $39,186,000 after acquiring an additional 125,771 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of JPMorgan Equity Focus ETF by 27.1% during the third quarter. Jones Financial Companies Lllp now owns 467,570 shares of the company’s stock worth $34,610,000 after acquiring an additional 99,690 shares during the period.

JPMorgan Equity Focus ETF Stock Down 0.7%

NASDAQ:JPEF opened at $75.23 on Wednesday. The stock’s 50 day moving average price is $75.23 and its two-hundred day moving average price is $73.97. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 26.67 and a beta of 1.00. JPMorgan Equity Focus ETF has a 12-month low of $55.46 and a 12-month high of $76.28.

JPMorgan Equity Focus ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.5228 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a 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.