D.A. Davidson & CO. Acquires 1,661 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

D.A. Davidson & CO. grew its position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 5.5% in the 4th quarter, HoldingsChannel reports. The firm owned 31,716 shares of the company’s stock after acquiring an additional 1,661 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Equity Focus ETF were worth $2,128,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Carnegie Lake Advisors LLC purchased a new stake in JPMorgan Equity Focus ETF during the 4th quarter valued at about $201,000. Planning Directions Inc. purchased a new stake in JPMorgan Equity Focus ETF during the 3rd quarter valued at about $202,000. Institute for Wealth Management LLC. purchased a new stake in JPMorgan Equity Focus ETF during the 4th quarter valued at about $202,000. Tennessee Valley Asset Management Partners purchased a new stake in JPMorgan Equity Focus ETF during the 4th quarter valued at about $203,000. Finally, Tyler Stone Wealth Management purchased a new stake in JPMorgan Equity Focus ETF during the 3rd quarter valued at about $248,000.

JPMorgan Equity Focus ETF Price Performance

Shares of JPEF stock opened at $67.72 on Friday. The stock has a market capitalization of $1.12 billion, a PE ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a 1-year low of $56.49 and a 1-year high of $70.16. The business has a 50-day moving average of $68.38 and a 200 day moving average of $66.76.

JPMorgan Equity Focus ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.3881 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost 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.