Advisory Alpha LLC Has $251,000 Stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Advisory Alpha LLC trimmed its stake in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 4.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 3,738 shares of the company’s stock after selling 189 shares during the period. Advisory Alpha LLC’s holdings in JPMorgan Equity Focus ETF were worth $251,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of JPEF. Northwestern Mutual Wealth Management Co. lifted its position in shares of JPMorgan Equity Focus ETF by 3,006.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock worth $161,000 after purchasing an additional 2,495 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of JPMorgan Equity Focus ETF by 91.8% during the second quarter. Cetera Investment Advisers now owns 87,003 shares of the company’s stock worth $5,426,000 after buying an additional 41,630 shares during the last quarter. Beaumont Financial Advisors LLC raised its stake in shares of JPMorgan Equity Focus ETF by 28.5% during the third quarter. Beaumont Financial Advisors LLC now owns 355,632 shares of the company’s stock worth $23,305,000 after buying an additional 78,971 shares during the last quarter. Raymond James & Associates raised its stake in shares of JPMorgan Equity Focus ETF by 23.9% during the third quarter. Raymond James & Associates now owns 201,422 shares of the company’s stock worth $13,199,000 after buying an additional 38,865 shares during the last quarter. Finally, Denver Wealth Management Inc. raised its stake in shares of JPMorgan Equity Focus ETF by 19.0% during the third quarter. Denver Wealth Management Inc. now owns 5,258 shares of the company’s stock worth $345,000 after buying an additional 840 shares during the last quarter.

JPMorgan Equity Focus ETF Price Performance

JPEF opened at $69.98 on Friday. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11. The firm has a 50 day simple moving average of $68.44 and a 200 day simple moving average of $65.84. JPMorgan Equity Focus ETF has a fifty-two week low of $54.15 and a fifty-two week high of $70.09.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared 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. This is an increase from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date 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.