SPC Financial Inc. Makes New $7.70 Million Investment in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

SPC Financial Inc. bought a new position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the 4th quarter, HoldingsChannel reports. The fund bought 114,688 shares of the company’s stock, valued at approximately $7,697,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA bought a new position in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $135,000. Carnegie Lake Advisors LLC bought a new position in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $201,000. Planning Directions Inc. bought a new position in shares of JPMorgan Equity Focus ETF in the third quarter valued at approximately $202,000. Institute for Wealth Management LLC. bought a new position in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $202,000. Finally, Tennessee Valley Asset Management Partners bought a new position in shares of JPMorgan Equity Focus ETF in the fourth quarter valued at approximately $203,000.

JPMorgan Equity Focus ETF Price Performance

JPMorgan Equity Focus ETF stock opened at $65.28 on Wednesday. The firm has a 50 day simple moving average of $68.23 and a 200-day simple moving average of $67.08. The stock has a market capitalization of $1.08 billion, a PE ratio of 25.48 and a beta of 1.11. JPMorgan Equity Focus ETF has a 12-month low of $56.49 and a 12-month high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a dividend of $0.3881 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

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.