IFP Advisors Inc Buys 2,277 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

IFP Advisors Inc grew its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 2.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,932 shares of the company’s stock after acquiring an additional 2,277 shares during the quarter. IFP Advisors Inc’s holdings in JPMorgan Equity Focus ETF were worth $5,498,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in JPEF. Stratos Wealth Partners LTD. bought a new stake in JPMorgan Equity Focus ETF in the fourth quarter worth $19,917,000. Empire Life Investments Inc. bought a new stake in JPMorgan Equity Focus ETF in the fourth quarter worth $8,214,000. Beaumont Financial Advisors LLC boosted its holdings in JPMorgan Equity Focus ETF by 31.3% in the fourth quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock worth $31,339,000 after acquiring an additional 111,342 shares in the last quarter. Investment Planning Advisors Inc. boosted its holdings in JPMorgan Equity Focus ETF by 66.1% in the fourth quarter. Investment Planning Advisors Inc. now owns 265,768 shares of the company’s stock worth $17,836,000 after acquiring an additional 105,767 shares in the last quarter. Finally, Castle Wealth Management LLC boosted its holdings in JPMorgan Equity Focus ETF by 742.6% in the third quarter. Castle Wealth Management LLC now owns 71,040 shares of the company’s stock worth $4,655,000 after acquiring an additional 62,609 shares in the last quarter.

JPMorgan Equity Focus ETF Trading Down 1.7 %

JPMorgan Equity Focus ETF stock opened at $67.72 on Monday. The business’s fifty day simple moving average is $68.38 and its two-hundred day simple moving average is $66.86. JPMorgan Equity Focus ETF has a 12 month low of $56.49 and a 12 month high of $70.16. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 25.48 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued 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 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.