Denver Wealth Management Inc. Has $328,000 Stock Holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

Denver Wealth Management Inc. trimmed its holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 7.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 4,883 shares of the company’s stock after selling 375 shares during the quarter. Denver Wealth Management Inc.’s holdings in JPMorgan Equity Focus ETF were worth $328,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in JPEF. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan Equity Focus ETF by 3,006.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,578 shares of the company’s stock valued at $161,000 after purchasing an additional 2,495 shares during the last quarter. Tennessee Valley Asset Management Partners purchased a new stake in JPMorgan Equity Focus ETF in the 4th quarter valued at about $203,000. Planning Directions Inc. bought a new position in shares of JPMorgan Equity Focus ETF during the 3rd quarter worth approximately $202,000. Advisory Alpha LLC purchased a new position in shares of JPMorgan Equity Focus ETF in the 2nd quarter worth approximately $204,000. Finally, Tyler Stone Wealth Management bought a new position in shares of JPMorgan Equity Focus ETF in the third quarter valued at approximately $248,000.

JPMorgan Equity Focus ETF Price Performance

NASDAQ JPEF opened at $69.14 on Wednesday. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 25.11 and a beta of 1.11. The business’s fifty day moving average is $68.55 and its 200-day moving average is $66.01. JPMorgan Equity Focus ETF has a one year low of $54.15 and a one year high of $70.16.

JPMorgan Equity Focus ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given 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 of this dividend was Tuesday, December 24th.

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.