Novem Group Sells 51,183 Shares of JPMorgan Equity Focus ETF $JPEF

Novem Group trimmed its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 39.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 77,778 shares of the company’s stock after selling 51,183 shares during the period. Novem Group owned 0.31% of JPMorgan Equity Focus ETF worth $6,321,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Lodestar Private Asset Management LLC increased its position in shares of JPMorgan Equity Focus ETF by 4.5% during the first quarter. Lodestar Private Asset Management LLC now owns 4,563 shares of the company’s stock valued at $328,000 after buying an additional 197 shares during the period. Private Advisor Group LLC raised its stake in JPMorgan Equity Focus ETF by 2.7% in the first quarter. Private Advisor Group LLC now owns 10,553 shares of the company’s stock worth $758,000 after buying an additional 273 shares in the last quarter. Godsey & Gibb Inc. purchased a new stake in JPMorgan Equity Focus ETF in the third quarter worth about $38,000. Integrated Wealth Concepts LLC lifted its holdings in JPMorgan Equity Focus ETF by 10.3% in the second quarter. Integrated Wealth Concepts LLC now owns 7,963 shares of the company’s stock worth $640,000 after buying an additional 746 shares during the period. Finally, Ascentis Independent Advisors purchased a new stake in JPMorgan Equity Focus ETF in the first quarter worth about $55,000.

JPMorgan Equity Focus ETF Trading Up 0.3%

JPMorgan Equity Focus ETF stock traded up $0.21 during trading hours on Monday, hitting $81.11. 93,416 shares of the stock traded hands, compared to its average volume of 107,304. JPMorgan Equity Focus ETF has a one year low of $69.68 and a one year high of $83.41. The firm’s 50-day moving average price is $81.64 and its two-hundred day moving average price is $79.87. The company has a market cap of $2.02 billion, a PE ratio of 26.67 and a beta of 0.96.

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.