Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Expands By 47.5%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 38,800 shares, a growth of 47.5% from the February 13th total of 26,300 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 155,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of JPMorgan Equity Focus ETF

A number of hedge funds have recently made changes to their positions in JPEF. OneDigital Investment Advisors LLC bought a new position in shares of JPMorgan Equity Focus ETF in the third quarter valued at about $392,000. Thrivent Financial for Lutherans grew its stake in JPMorgan Equity Focus ETF by 4.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 979,969 shares of the company’s stock valued at $64,217,000 after buying an additional 38,156 shares during the last quarter. Planning Directions Inc. bought a new position in JPMorgan Equity Focus ETF in the 3rd quarter valued at about $202,000. Raymond James Trust N.A. lifted its position in JPMorgan Equity Focus ETF by 52.4% during the third quarter. Raymond James Trust N.A. now owns 12,144 shares of the company’s stock worth $796,000 after acquiring an additional 4,174 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in shares of JPMorgan Equity Focus ETF by 146.1% during the third quarter. D.A. Davidson & CO. now owns 30,055 shares of the company’s stock worth $1,970,000 after acquiring an additional 17,841 shares during the period.

JPMorgan Equity Focus ETF Stock Up 0.5 %

Shares of JPEF stock traded up $0.30 on Monday, reaching $64.16. The stock had a trading volume of 70,065 shares, compared to its average volume of 100,371. JPMorgan Equity Focus ETF has a 12 month low of $56.49 and a 12 month high of $70.16. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 24.28 and a beta of 1.11. The firm’s 50-day moving average is $67.58 and its two-hundred day moving average is $67.09.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders 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 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.