Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Increases By 33.1%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 61,500 shares, an increase of 33.1% from the October 31st total of 46,200 shares. Based on an average daily volume of 87,000 shares, the short-interest ratio is presently 0.7 days.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans grew its position in shares of JPMorgan Equity Focus ETF by 4.1% in the third quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock valued at $64,217,000 after purchasing an additional 38,156 shares during the period. Raymond James Financial Services Advisors Inc. lifted its stake in JPMorgan Equity Focus ETF by 12.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 532,992 shares of the company’s stock valued at $33,237,000 after buying an additional 57,702 shares in the last quarter. Beaumont Financial Advisors LLC boosted its holdings in JPMorgan Equity Focus ETF by 28.5% in the 3rd 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 increased its stake in JPMorgan Equity Focus ETF by 23.9% during the 3rd 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 in the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 360.1% during the second quarter. Commonwealth Equity Services LLC now owns 177,577 shares of the company’s stock valued at $11,074,000 after acquiring an additional 138,982 shares during the last quarter.

JPMorgan Equity Focus ETF Price Performance

JPMorgan Equity Focus ETF stock opened at $69.34 on Monday. JPMorgan Equity Focus ETF has a 12 month low of $50.30 and a 12 month high of $69.49. The stock has a market capitalization of $954.12 million, a PE ratio of 25.11 and a beta of 1.11. The business has a 50 day simple moving average of $66.96 and a 200-day simple moving average of $63.97.

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.