JPMorgan Equity Focus ETF (NASDAQ:JPEF) Stock Short Interest Jumps 84.6%

by · The Markets Daily

JPMorgan Equity Focus ETF (NASDAQ:JPEF – Get Free Report) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 41,946 shares, an increase of 84.6% from the September 30th total of 22,727 shares. Based on an average daily trading volume, of 64,727 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the shares of the stock are sold short.

JPMorgan Equity Focus ETF Trading Down 1.6%

JPMorgan Equity Focus ETF stock opened at $80.79 on Friday. The company has a 50-day moving average price of $81.46 and a 200 day moving average price of $78.56. The stock has a market cap of $2.01 billion, a P/E ratio of 26.67 and a beta of 0.96. JPMorgan Equity Focus ETF has a 12-month low of $69.68 and a 12-month high of $83.41.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of JPEF. D.A. Davidson & CO. acquired a new position in JPMorgan Equity Focus ETF in the 3rd quarter valued at $3,110,000. Balance Wealth Partners LLC grew its holdings in JPMorgan Equity Focus ETF by 3.6% during the third quarter. Balance Wealth Partners LLC now owns 284,319 shares of the company’s stock worth $23,107,000 after acquiring an additional 9,946 shares during the period. Smith Shellnut Wilson LLC ADV acquired a new stake in JPMorgan Equity Focus ETF in the third quarter valued at $875,000. USAdvisors Wealth Management LLC acquired a new position in shares of JPMorgan Equity Focus ETF during the 3rd quarter worth $499,000. Finally, Fifth Third Securities Inc. purchased a new stake in JPMorgan Equity Focus ETF during the third quarter worth about $1,221,000.

About JPMorgan Equity Focus ETF

(Get Free Report)

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.

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