Contango Wealth Management LLC Makes New $2.77 Million Investment in JPMorgan Equity Focus ETF $JPEF

Contango Wealth Management LLC purchased a new stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) in the first quarter, according to the company in its most recent filing with the SEC. The firm purchased 38,563 shares of the company’s stock, valued at approximately $2,769,000. JPMorgan Equity Focus ETF makes up about 3.2% of Contango Wealth Management LLC’s investment portfolio, making the stock its 9th biggest holding. Contango Wealth Management LLC owned 0.16% of JPMorgan Equity Focus ETF at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd acquired a new position in JPMorgan Equity Focus ETF during the third quarter worth about $54,000. Ascentis Independent Advisors acquired a new stake in shares of JPMorgan Equity Focus ETF during the 1st quarter valued at approximately $55,000. Godsey & Gibb Inc. purchased a new stake in shares of JPMorgan Equity Focus ETF during the 4th quarter worth approximately $58,000. Western Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Focus ETF in the 1st quarter worth approximately $62,000. Finally, Root Financial Partners LLC grew its holdings in shares of JPMorgan Equity Focus ETF by 470.8% in the 4th quarter. Root Financial Partners LLC now owns 879 shares of the company’s stock worth $66,000 after acquiring an additional 725 shares during the period.

JPMorgan Equity Focus ETF Price Performance

NASDAQ JPEF opened at $80.05 on Monday. The business has a 50 day moving average price of $79.82 and a 200 day moving average price of $77.09. The company has a market capitalization of $1.98 billion, a P/E ratio of 26.67 and a beta of 0.96. JPMorgan Equity Focus ETF has a 1-year low of $69.61 and a 1-year high of $81.30.

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.