Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Declines by 7.6%

The JPMorgan Equity Focus ETF (NASDAQ:JPEF) experienced a notable reduction in short interest during December. As of December 15th, the total short interest fell to 74,900 shares, marking a decrease of 7.6% from the end of November, when it totaled 81,100 shares. Given an average daily volume of 107,900 shares, the current short-interest ratio stands at 0.7 days.

Investor Activity in JPMorgan Equity Focus ETF

Recently, various institutional investors have either increased their holdings or initiated new positions in the JPMorgan Equity Focus ETF. For instance, International Assets Investment Management LLC purchased a new stake worth around $26,000 in the second quarter. Similarly, Northwestern Mutual Wealth Management Co. significantly boosted its stake by 3,006.0% during the same period, now owning 2,578 shares valued at $161,000 after acquiring an additional 2,495 shares last quarter. Other notable entries include Planning Directions Inc., which invested approximately $202,000 in the third quarter, and Tennessee Valley Asset Management Partners, which also entered with a new stake of about $201,000 in Q2. Advisory Alpha LLC was another investor that established a new position worth around $204,000 in the same quarter.

Performance of JPMorgan Equity Focus ETF

As of the latest reports, shares of JPEF opened trading at $67.11. The ETF has a 50-day moving average price of $68.19 and a 200-day moving average price of $65.27. With a market capitalization of $923.43 million, the ETF has a price-to-earnings ratio of 25.11 and a beta value of 1.11. Over the past year, JPMorgan Equity Focus ETF has seen a low of $51.99 and a high of $70.09.

Dividend Announcement for JPMorgan Equity Focus ETF

The company also recently declared a dividend of $0.3881 per share, which was distributed on December 27th. This dividend was issued to investors who were on record as of December 24th, with an ex-dividend date of the same day. This amount represents an increase from the previous dividend of $0.09.

Overview of JPMorgan Equity Focus ETF

The JPMorgan Equity Focus ETF (JPEF) is an actively managed exchange-traded fund that invests primarily in a broad market of equity. The fund provides selective exposure to a narrow basket of US stocks while incorporating ESG considerations into its underlying fundamental analysis. It was launched on July 28, 2023, by JPMorgan Chase.

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