MML Investors Services LLC Acquires 194,495 Shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF)

MML Investors Services LLC grew its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 132.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 341,509 shares of the company’s stock after purchasing an additional 194,495 shares during the period. MML Investors Services LLC’s holdings in JPMorgan Equity Focus ETF were worth $22,919,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. bought a new position in JPMorgan Equity Focus ETF during the 4th quarter valued at about $59,656,000. LPL Financial LLC raised its stake in shares of JPMorgan Equity Focus ETF by 7.3% in the fourth quarter. LPL Financial LLC now owns 684,680 shares of the company’s stock valued at $45,949,000 after acquiring an additional 46,491 shares during the last quarter. Beaumont Financial Advisors LLC boosted its holdings in shares of JPMorgan Equity Focus ETF by 31.3% in the 4th quarter. Beaumont Financial Advisors LLC now owns 466,974 shares of the company’s stock worth $31,339,000 after acquiring an additional 111,342 shares in the last quarter. Commonwealth Equity Services LLC grew its position in JPMorgan Equity Focus ETF by 18.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 413,463 shares of the company’s stock worth $27,748,000 after acquiring an additional 64,067 shares during the last quarter. Finally, Stratos Wealth Partners LTD. acquired a new stake in JPMorgan Equity Focus ETF during the 4th quarter valued at $19,917,000.

JPMorgan Equity Focus ETF Stock Performance

Shares of JPEF opened at $58.69 on Tuesday. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 23.60 and a beta of 1.11. The stock has a fifty day moving average price of $63.97 and a two-hundred day moving average price of $66.62. JPMorgan Equity Focus ETF has a 52-week low of $55.46 and a 52-week high of $70.16.

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.