Cary Street Partners Financial LLC Reduces Stake in JPMorgan Equity Focus ETF $JPEF

Cary Street Partners Financial LLC cut its holdings in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 17.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 54,738 shares of the company’s stock after selling 11,684 shares during the quarter. Cary Street Partners Financial LLC’s holdings in JPMorgan Equity Focus ETF were worth $4,088,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JPEF. Raymond James Financial Inc. lifted its stake in JPMorgan Equity Focus ETF by 11.2% in the third quarter. Raymond James Financial Inc. now owns 2,177,270 shares of the company’s stock worth $161,314,000 after acquiring an additional 218,705 shares during the period. MML Investors Services LLC increased its position in JPMorgan Equity Focus ETF by 7.6% during the 2nd quarter. MML Investors Services LLC now owns 1,076,371 shares of the company’s stock valued at $75,497,000 after purchasing an additional 76,189 shares during the period. Jones Financial Companies Lllp increased its position in JPMorgan Equity Focus ETF by 27.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 467,570 shares of the company’s stock valued at $34,610,000 after purchasing an additional 99,690 shares during the period. Balance Wealth LLC raised its holdings in JPMorgan Equity Focus ETF by 5.7% in the 4th quarter. Balance Wealth LLC now owns 363,655 shares of the company’s stock worth $27,160,000 after purchasing an additional 19,563 shares in the last quarter. Finally, Leverty Financial Group LLC lifted its position in shares of JPMorgan Equity Focus ETF by 0.3% in the 4th quarter. Leverty Financial Group LLC now owns 322,105 shares of the company’s stock worth $24,057,000 after purchasing an additional 1,110 shares during the period.

JPMorgan Equity Focus ETF Trading Up 0.5%

Shares of JPEF opened at $80.22 on Wednesday. The firm’s 50-day moving average price is $76.17 and its 200-day moving average price is $75.43. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 26.67 and a beta of 0.98. JPMorgan Equity Focus ETF has a 1-year low of $66.34 and a 1-year high of $81.30.

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.