Lodestar Private Asset Management LLC Makes New $607,000 Investment in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Lodestar Private Asset Management LLC purchased a new stake in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 9,052 shares of the company’s stock, valued at approximately $607,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its position in JPMorgan Equity Focus ETF by 4.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock worth $64,217,000 after buying an additional 38,156 shares during the period. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Equity Focus ETF by 42.1% during the third quarter. JPMorgan Chase & Co. now owns 53,117 shares of the company’s stock valued at $3,481,000 after acquiring an additional 15,728 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of JPMorgan Equity Focus ETF by 33.7% during the third 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 during the period. Raymond James & Associates grew its stake in shares of JPMorgan Equity Focus ETF by 23.9% in the third quarter. Raymond James & Associates now owns 201,422 shares of the company’s stock worth $13,199,000 after purchasing an additional 38,865 shares during the last quarter. Finally, Beaumont Financial Advisors LLC increased its holdings in JPMorgan Equity Focus ETF by 28.5% in the third quarter. Beaumont Financial Advisors LLC now owns 355,632 shares of the company’s stock valued at $23,305,000 after purchasing an additional 78,971 shares during the period.

JPMorgan Equity Focus ETF Trading Up 0.3 %

Shares of JPEF opened at $68.95 on Friday. The stock’s 50-day moving average price is $68.56 and its two-hundred day moving average price is $66.21. JPMorgan Equity Focus ETF has a 12 month low of $55.57 and a 12 month high of $70.16. The company has a market capitalization of $1.14 billion, a PE ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.3881 dividend. This is a positive change from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Tuesday, December 24th.

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.