Thoroughbred Financial Services LLC Acquires 7,540 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Thoroughbred Financial Services LLC lifted its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 34.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 29,728 shares of the company’s stock after buying an additional 7,540 shares during the period. Thoroughbred Financial Services LLC’s holdings in JPMorgan Equity Focus ETF were worth $1,995,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Tyler Stone Wealth Management grew its position in JPMorgan Equity Focus ETF by 199.7% in the fourth quarter. Tyler Stone Wealth Management now owns 11,328 shares of the company’s stock worth $760,000 after acquiring an additional 7,548 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Equity Focus ETF by 42.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 53,117 shares of the company’s stock valued at $3,481,000 after purchasing an additional 15,728 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of JPMorgan Equity Focus ETF by 1.9% in the 4th quarter. Private Advisor Group LLC now owns 8,642 shares of the company’s stock worth $580,000 after purchasing an additional 164 shares during the period. LPL Financial LLC increased its position in shares of JPMorgan Equity Focus ETF by 7.3% during the 4th quarter. LPL Financial LLC now owns 684,680 shares of the company’s stock valued at $45,949,000 after purchasing an additional 46,491 shares during the last quarter. Finally, Level Four Advisory Services LLC raised its holdings in JPMorgan Equity Focus ETF by 4.7% during the 4th quarter. Level Four Advisory Services LLC now owns 162,299 shares of the company’s stock valued at $10,892,000 after buying an additional 7,285 shares during the period.

JPMorgan Equity Focus ETF Stock Down 5.6 %

Shares of JPEF opened at $57.97 on Friday. The business has a fifty day moving average of $66.21 and a 200 day moving average of $67.06. The company has a market cap of $959.98 million, a PE ratio of 24.21 and a beta of 1.11. JPMorgan Equity Focus ETF has a 52-week low of $56.49 and a 52-week high of $70.16.

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.