Cary Street Partners Financial LLC Buys 16,886 Shares of JPMorgan Equity Focus ETF $JPEF

Cary Street Partners Financial LLC grew its stake in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 34.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 66,422 shares of the company’s stock after buying an additional 16,886 shares during the quarter. Cary Street Partners Financial LLC owned 0.31% of JPMorgan Equity Focus ETF worth $4,921,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Smith Shellnut Wilson LLC ADV bought a new position in JPMorgan Equity Focus ETF in the third quarter valued at $255,000. Captrust Financial Advisors boosted its holdings in shares of JPMorgan Equity Focus ETF by 8.8% in the 2nd quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after purchasing an additional 328 shares in the last quarter. Resources Management Corp CT ADV bought a new position in shares of JPMorgan Equity Focus ETF during the 2nd quarter valued at about $306,000. Advisory Alpha LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 21.8% during the 2nd quarter. Advisory Alpha LLC now owns 4,553 shares of the company’s stock valued at $319,000 after buying an additional 815 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Equity Focus ETF during the 1st quarter valued at about $325,000.

JPMorgan Equity Focus ETF Price Performance

Shares of JPEF opened at $76.23 on Thursday. The firm has a market cap of $1.61 billion, a P/E ratio of 26.67 and a beta of 1.00. The stock has a 50 day simple moving average of $75.23 and a two-hundred day simple moving average of $74.44. JPMorgan Equity Focus ETF has a 1 year low of $55.46 and a 1 year high of $76.49.

JPMorgan Equity Focus ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were paid a $0.5228 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 70.0%.

JPMorgan Equity Focus ETF 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.