JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Unusually-High Trading Volume – Here’s Why

JPMorgan Equity Focus ETF (NASDAQ:JPEF) shares saw strong trading volume on Friday . 188,625 shares traded hands during trading, an increase of 72% from the previous session’s volume of 109,749 shares.The stock last traded at $59.77 and had previously closed at $60.30.

JPMorgan Equity Focus ETF Stock Performance

The company’s fifty day moving average price is $64.96 and its two-hundred day moving average price is $66.81. The firm has a market capitalization of $1.25 billion, a PE ratio of 24.21 and a beta of 1.11.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

A number of large investors have recently bought and sold shares of the stock. Blair William & Co. IL acquired a new stake in shares of JPMorgan Equity Focus ETF during the 4th quarter worth $34,000. Comerica Bank acquired a new stake in JPMorgan Equity Focus ETF during the fourth quarter worth about $123,000. Private Trust Co. NA purchased a new position in shares of JPMorgan Equity Focus ETF in the 4th quarter worth about $135,000. Carnegie Lake Advisors LLC acquired a new position in shares of JPMorgan Equity Focus ETF in the 4th quarter valued at about $201,000. Finally, Institute for Wealth Management LLC. purchased a new stake in shares of JPMorgan Equity Focus ETF during the 4th quarter worth about $202,000.

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.