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

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 62,331 shares, a decrease of 54.6% from the June 30th total of 137,414 shares. Based on an average daily trading volume, of 94,919 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JPEF. Qube Research & Technologies Ltd acquired a new stake in JPMorgan Equity Focus ETF during the 3rd quarter valued at $54,000. Ascentis Independent Advisors acquired a new position in JPMorgan Equity Focus ETF in the 1st quarter worth $55,000. Godsey & Gibb Inc. purchased a new position in JPMorgan Equity Focus ETF in the 4th quarter valued at about $58,000. Western Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Focus ETF during the first quarter valued at about $62,000. Finally, Root Financial Partners LLC increased its position in shares of JPMorgan Equity Focus ETF by 470.8% during the fourth quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock worth $66,000 after acquiring an additional 725 shares during the last quarter.

JPMorgan Equity Focus ETF Price Performance

JPMorgan Equity Focus ETF stock traded up $0.06 during midday trading on Tuesday, hitting $79.07. 76,521 shares of the company were exchanged, compared to its average volume of 125,082. The company has a market cap of $1.96 billion, a PE ratio of 26.67 and a beta of 0.96. JPMorgan Equity Focus ETF has a fifty-two week low of $69.61 and a fifty-two week high of $81.30. The company’s fifty day moving average price is $79.87 and its 200-day moving average price is $76.99.

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.