2,990 Shares in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Acquired by Carnegie Lake Advisors LLC

Carnegie Lake Advisors LLC bought a new position in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,990 shares of the company’s stock, valued at approximately $201,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JPEF. Kingsview Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at approximately $2,497,000. Lodestar Private Asset Management LLC acquired a new position in shares of JPMorgan Equity Focus ETF during the fourth quarter worth $607,000. Stratos Wealth Partners LTD. purchased a new position in JPMorgan Equity Focus ETF in the fourth quarter valued at $19,917,000. DAVENPORT & Co LLC increased its holdings in JPMorgan Equity Focus ETF by 239.6% in the fourth quarter. DAVENPORT & Co LLC now owns 14,182 shares of the company’s stock valued at $952,000 after buying an additional 10,006 shares during the last quarter. Finally, Institute for Wealth Management LLC. acquired a new stake in JPMorgan Equity Focus ETF in the fourth quarter valued at $202,000.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ JPEF opened at $68.90 on Tuesday. The stock’s 50-day simple moving average is $68.54 and its 200-day simple moving average is $66.32. The firm has a market capitalization of $1.14 billion, a PE ratio of 25.11 and a beta of 1.11. JPMorgan Equity Focus ETF has a fifty-two week low of $55.57 and a fifty-two week high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

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

About JPMorgan Equity Focus ETF

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.