JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Significant Growth in Short Interest

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 17,814 shares, a growth of 34.1% from the December 15th total of 13,283 shares. Based on an average trading volume of 80,702 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 80,702 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Concurrent Investment Advisors LLC boosted its stake in shares of JPMorgan Equity Focus ETF by 2.5% in the third quarter. Concurrent Investment Advisors LLC now owns 7,317 shares of the company’s stock valued at $542,000 after purchasing an additional 181 shares during the period. Parsons Capital Management Inc. RI lifted its holdings in JPMorgan Equity Focus ETF by 6.5% in the 4th quarter. Parsons Capital Management Inc. RI now owns 4,469 shares of the company’s stock worth $334,000 after buying an additional 271 shares in the last quarter. Captrust Financial Advisors boosted its position in JPMorgan Equity Focus ETF by 8.8% in the 2nd quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock valued at $285,000 after buying an additional 328 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of JPMorgan Equity Focus ETF during the second quarter valued at about $33,000. Finally, Prosperity Financial Group Inc. grew its stake in shares of JPMorgan Equity Focus ETF by 4.7% during the second quarter. Prosperity Financial Group Inc. now owns 11,352 shares of the company’s stock valued at $796,000 after acquiring an additional 509 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ:JPEF traded up $0.09 during midday trading on Friday, hitting $75.22. 44,096 shares of the company’s stock traded hands, compared to its average volume of 135,081. JPMorgan Equity Focus ETF has a twelve month low of $55.46 and a twelve month high of $76.28. The firm’s fifty day moving average price is $74.96 and its two-hundred day moving average price is $73.49. The company has a market cap of $1.60 billion, a PE ratio of 26.67 and a beta of 1.00.

JPMorgan Equity Focus ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were issued a $0.5228 dividend. This represents a yield of 70.0%. The ex-dividend date was Tuesday, December 16th.

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.