Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees a 7.6% Decline

The short interest in the JPMorgan Equity Focus ETF (NASDAQ:JPEF) has experienced a notable decline of 7.6% as of December. The current short interest stands at 74,900 shares, down from 81,100 shares reported at the end of November. This reduction indicates a shift in market sentiment towards the ETF.

Institutional Activity in JPMorgan Equity Focus ETF

Recent activity from institutional investors has shown an increased interest in JPEF. Notably, International Assets Investment Management LLC established a new position in the ETF during the second quarter, investing approximately $26,000. Northwestern Mutual Wealth Management Co. made significant moves as well, increasing its stake in JPEF by an impressive 3,006.0% during the same quarter. They now hold 2,578 shares valued at about $161,000 after acquiring an additional 2,495 shares. Furthermore, Planning Directions Inc. and Tennessee Valley Asset Management Partners added new stakes of roughly $202,000 and $201,000 respectively during the third quarter. Advisory Alpha LLC also joined in during the second quarter with an investment of around $204,000.

Current Stock Performance of JPMorgan Equity Focus ETF

On a recent trading day, JPEF opened at $67.11. The ETF has a 50-day moving average of $68.19 and a 200-day moving average 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 of 1.11, indicating a moderate level of volatility compared to the market. Over the past year, the stock has reached a low of $51.99 and a high of $70.09, showcasing its price fluctuations.

Dividend Increase Announced by JPMorgan Equity Focus ETF

In a positive development for shareholders, the JPMorgan Equity Focus ETF recently declared an increased dividend. On December 27, a dividend of $0.3881 per share was issued to investors on record as of December 24. This marks a significant rise from the prior dividend of $0.09, reflecting the ETF’s commitment to returning value to its investors.

Understanding JPMorgan Equity Focus ETF

The JPMorgan Equity Focus ETF (JPEF) is designed as an actively managed exchange-traded fund that primarily invests in a diverse range of U.S. stocks. Launched on July 28, 2023, by JPMorgan Chase, the ETF incorporates environmental, social, and governance (ESG) criteria into its stock selection process while leveraging fundamental analysis.

JPMorgan, ETF, stocks