JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Large Volume Increase – Should You Buy?

JPMorgan Equity Focus ETF (NASDAQ:JPEF) shares saw unusually-strong trading volume on Tuesday . Approximately 424,655 shares were traded during trading, an increase of 168% from the previous session’s volume of 158,209 shares.The stock last traded at $68.75 and had previously closed at $68.90.

JPMorgan Equity Focus ETF Stock Up 0.1 %

The firm has a 50 day simple moving average of $68.54 and a two-hundred day simple moving average of $66.32. The stock has a market capitalization of $1.14 billion, a P/E ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given 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.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. bought a new stake in shares of JPMorgan Equity Focus ETF during the 4th quarter valued at approximately $59,656,000. Stratos Wealth Partners LTD. bought a new position in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at $19,917,000. Empire Life Investments Inc. bought a new stake in JPMorgan Equity Focus ETF during the 4th quarter worth $8,214,000. SPC Financial Inc. acquired a new position in JPMorgan Equity Focus ETF in the 4th quarter worth about $7,697,000. Finally, Beaumont Financial Advisors LLC boosted its stake in shares of JPMorgan Equity Focus ETF by 31.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock valued at $31,339,000 after purchasing an additional 111,342 shares in the last quarter.

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.