D.A. Davidson & CO. Lowers Holdings in JPMorgan Equity Focus ETF $JPEF

D.A. Davidson & CO. trimmed its position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 24.9% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,055 shares of the company’s stock after selling 15,277 shares during the period. D.A. Davidson & CO. owned 0.19% of JPMorgan Equity Focus ETF worth $3,307,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JPEF. Qube Research & Technologies Ltd bought a new position in shares of JPMorgan Equity Focus ETF in the third quarter worth $54,000. Ascentis Independent Advisors purchased a new stake in shares of JPMorgan Equity Focus ETF in the first quarter worth $55,000. Godsey & Gibb Inc. bought a new stake in JPMorgan Equity Focus ETF during the fourth quarter valued at $58,000. Root Financial Partners LLC boosted its stake in JPMorgan Equity Focus ETF by 470.8% during the fourth quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock valued at $66,000 after buying an additional 725 shares during the period. Finally, Strategic Wealth Advisors LLC purchased a new position in JPMorgan Equity Focus ETF during the first quarter worth about $76,000.

JPMorgan Equity Focus ETF Price Performance

Shares of NASDAQ JPEF opened at $79.75 on Monday. The firm has a market capitalization of $1.98 billion, a P/E ratio of 26.67 and a beta of 0.96. The stock’s 50-day simple moving average is $79.94 and its two-hundred day simple moving average is $76.79. JPMorgan Equity Focus ETF has a twelve month low of $69.61 and a twelve month high of $81.30.

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.