Investment Planning Advisors Inc. Acquires 105,767 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Investment Planning Advisors Inc. boosted its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 66.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 265,768 shares of the company’s stock after buying an additional 105,767 shares during the period. JPMorgan Equity Focus ETF makes up about 7.8% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its 4th largest position. Investment Planning Advisors Inc. owned about 1.64% of JPMorgan Equity Focus ETF worth $17,836,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan Equity Focus ETF by 3,006.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock valued at $161,000 after acquiring an additional 2,495 shares during the period. Planning Directions Inc. acquired a new position in shares of JPMorgan Equity Focus ETF in the third quarter valued at $202,000. Tennessee Valley Asset Management Partners bought a new position in JPMorgan Equity Focus ETF in the fourth quarter worth $203,000. Advisory Alpha LLC acquired a new stake in JPMorgan Equity Focus ETF during the second quarter worth $204,000. Finally, Tyler Stone Wealth Management bought a new stake in JPMorgan Equity Focus ETF in the 3rd quarter valued at $248,000.

JPMorgan Equity Focus ETF Stock Performance

NASDAQ:JPEF opened at $68.68 on Tuesday. The company has a 50-day moving average of $68.53 and a 200-day moving average of $65.98. JPMorgan Equity Focus ETF has a 52 week low of $54.15 and a 52 week high of $70.16. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.3881 per share. This is a boost from JPMorgan Equity Focus ETF’s previous dividend of $0.09. The ex-dividend date was Tuesday, December 24th.

JPMorgan Equity Focus ETF 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.