Kingsview Wealth Management LLC Invests $2.50 Million in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Kingsview Wealth Management LLC purchased a new stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 37,207 shares of the company’s stock, valued at approximately $2,497,000. Kingsview Wealth Management LLC owned approximately 0.23% of JPMorgan Equity Focus ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Stratos Wealth Partners LTD. acquired a new position in shares of JPMorgan Equity Focus ETF during the fourth quarter valued at approximately $19,917,000. Beaumont Financial Advisors LLC increased its position in shares of JPMorgan Equity Focus ETF by 31.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock worth $31,339,000 after purchasing an additional 111,342 shares in the last quarter. Investment Planning Advisors Inc. raised its stake in JPMorgan Equity Focus ETF by 66.1% in the 4th quarter. Investment Planning Advisors Inc. now owns 265,768 shares of the company’s stock valued at $17,836,000 after purchasing an additional 105,767 shares during the last quarter. Castle Wealth Management LLC lifted its holdings in JPMorgan Equity Focus ETF by 742.6% in the 3rd quarter. Castle Wealth Management LLC now owns 71,040 shares of the company’s stock valued at $4,655,000 after purchasing an additional 62,609 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in JPMorgan Equity Focus ETF by 56.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 156,736 shares of the company’s stock worth $10,519,000 after purchasing an additional 56,459 shares during the last quarter.

JPMorgan Equity Focus ETF Stock Down 0.8 %

JPMorgan Equity Focus ETF stock opened at $68.40 on Monday. The company has a fifty day simple moving average of $68.54 and a 200-day simple moving average of $66.32. The firm has a market capitalization of $1.13 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 52-week low of $55.57 and a 52-week high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.3881 dividend. This is an increase from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 24th.

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.