Northwestern Mutual Wealth Management Co. Decreases Stock Position in JPMorgan Equity Focus ETF $JPEF

Northwestern Mutual Wealth Management Co. lessened its stake in shares of JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 16.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 69,335 shares of the company’s stock after selling 13,568 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.31% of JPMorgan Equity Focus ETF worth $4,863,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in JPEF. Commonwealth Equity Services LLC lifted its position in shares of JPMorgan Equity Focus ETF by 17.9% in the first quarter. Commonwealth Equity Services LLC now owns 487,379 shares of the company’s stock worth $31,027,000 after buying an additional 73,916 shares in the last quarter. Thoroughbred Financial Services LLC grew its holdings in JPMorgan Equity Focus ETF by 69.2% during the 1st quarter. Thoroughbred Financial Services LLC now owns 50,289 shares of the company’s stock valued at $3,201,000 after buying an additional 20,561 shares in the last quarter. Flagship Wealth Advisors LLC bought a new stake in JPMorgan Equity Focus ETF in the 1st quarter worth approximately $2,388,000. Raymond James Financial Inc. increased its stake in JPMorgan Equity Focus ETF by 100.6% in the 1st quarter. Raymond James Financial Inc. now owns 1,783,361 shares of the company’s stock worth $113,529,000 after acquiring an additional 894,439 shares during the last quarter. Finally, Tyler Stone Wealth Management raised its holdings in shares of JPMorgan Equity Focus ETF by 164.7% during the 1st quarter. Tyler Stone Wealth Management now owns 29,982 shares of the company’s stock worth $1,909,000 after acquiring an additional 18,654 shares in the last quarter.

JPMorgan Equity Focus ETF Stock Performance

NASDAQ JPEF opened at $75.65 on Wednesday. The stock has a 50 day moving average price of $74.49 and a 200-day moving average price of $71.85. JPMorgan Equity Focus ETF has a one year low of $55.46 and a one year high of $76.28. The company has a market capitalization of $1.64 billion, a P/E ratio of 26.67 and a beta of 1.00.

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.