Janney Montgomery Scott LLC Has $6.57 Million Holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Janney Montgomery Scott LLC increased its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 68.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,277 shares of the company’s stock after acquiring an additional 40,802 shares during the quarter. Janney Montgomery Scott LLC owned 0.73% of JPMorgan Equity Focus ETF worth $6,571,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Equity Focus ETF during the second quarter valued at approximately $26,000. Denver Wealth Management Inc. raised its holdings in shares of JPMorgan Equity Focus ETF by 19.0% in the 3rd quarter. Denver Wealth Management Inc. now owns 5,258 shares of the company’s stock worth $345,000 after acquiring an additional 840 shares during the last quarter. Highlander Capital Management LLC bought a new position in JPMorgan Equity Focus ETF in the 1st quarter valued at about $51,000. ICA Group Wealth Management LLC boosted its stake in JPMorgan Equity Focus ETF by 27.4% during the 2nd quarter. ICA Group Wealth Management LLC now owns 4,396 shares of the company’s stock valued at $274,000 after purchasing an additional 946 shares during the last quarter. Finally, Private Advisor Group LLC increased its holdings in JPMorgan Equity Focus ETF by 33.7% during the 3rd quarter. Private Advisor Group LLC now owns 8,478 shares of the company’s stock worth $556,000 after purchasing an additional 2,135 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Up 0.8 %

Shares of NASDAQ:JPEF opened at $68.98 on Friday. The stock has a market cap of $949.16 million, a price-to-earnings ratio of 25.11 and a beta of 1.11. The business’s 50 day moving average is $65.49 and its 200 day moving average is $62.83. JPMorgan Equity Focus ETF has a 12-month low of $48.22 and a 12-month high of $69.17.

JPMorgan Equity Focus ETF Company 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.