Crestwood Advisors Group LLC Increases Position in JPMorgan Equity Focus ETF $JPEF

Crestwood Advisors Group LLC boosted its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 22.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,972 shares of the company’s stock after purchasing an additional 10,229 shares during the period. Crestwood Advisors Group LLC owned about 0.25% of JPMorgan Equity Focus ETF worth $4,073,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of JPEF. Smith Shellnut Wilson LLC ADV acquired a new position in shares of JPMorgan Equity Focus ETF in the 3rd quarter valued at approximately $255,000. Captrust Financial Advisors increased its stake in shares of JPMorgan Equity Focus ETF by 8.8% in the second quarter. Captrust Financial Advisors now owns 4,064 shares of the company’s stock worth $285,000 after buying an additional 328 shares during the last quarter. Resources Management Corp CT ADV bought a new stake in shares of JPMorgan Equity Focus ETF in the second quarter worth $306,000. Advisory Alpha LLC raised its holdings in JPMorgan Equity Focus ETF by 21.8% in the second quarter. Advisory Alpha LLC now owns 4,553 shares of the company’s stock valued at $319,000 after acquiring an additional 815 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in JPMorgan Equity Focus ETF during the 1st quarter valued at $325,000.

JPMorgan Equity Focus ETF Price Performance

Shares of JPEF stock opened at $75.02 on Wednesday. The firm has a fifty day moving average of $75.16 and a two-hundred day moving average of $74.28. The firm has a market cap of $1.58 billion, a P/E ratio of 26.67 and a beta of 1.00. JPMorgan Equity Focus ETF has a 1-year low of $55.46 and a 1-year high of $76.49.

JPMorgan Equity Focus ETF Announces Dividend

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

JPMorgan Equity Focus ETF 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.