Royal Bank of Canada Purchases 27,048 Shares of JPMorgan Equity Focus ETF $JPEF

Royal Bank of Canada grew its position in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 11.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,526 shares of the company’s stock after purchasing an additional 27,048 shares during the period. Royal Bank of Canada’s holdings in JPMorgan Equity Focus ETF were worth $18,636,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in JPMorgan Equity Focus ETF by 94.9% during the first quarter. Cetera Investment Advisers now owns 1,075,233 shares of the company’s stock worth $77,212,000 after purchasing an additional 523,563 shares during the last quarter. Independent Financial Group LLC purchased a new stake in JPMorgan Equity Focus ETF in the 1st quarter valued at about $231,000. Avantax Planning Partners Inc. bought a new position in shares of JPMorgan Equity Focus ETF during the 1st quarter worth approximately $128,384,000. Strategic Wealth Advisors LLC bought a new position in shares of JPMorgan Equity Focus ETF during the 1st quarter worth approximately $76,000. Finally, Castle Wealth Management LLC boosted its stake in shares of JPMorgan Equity Focus ETF by 1.3% in the 1st quarter. Castle Wealth Management LLC now owns 69,902 shares of the company’s stock worth $5,020,000 after buying an additional 864 shares during the last quarter.

JPMorgan Equity Focus ETF Stock Down 0.3%

JPEF stock opened at $82.23 on Friday. The firm has a market cap of $2.03 billion, a PE ratio of 26.67 and a beta of 0.96. The business has a 50 day moving average of $79.97 and a 200-day moving average of $77.29. JPMorgan Equity Focus ETF has a 12-month low of $69.68 and a 12-month high of $83.20.

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.