SFG Wealth Management LLC. Trims Stock Holdings in JPMorgan Equity Focus ETF (NASDAQ:JPEF)

SFG Wealth Management LLC. cut its stake in JPMorgan Equity Focus ETF (NASDAQ:JPEF) by 14.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,952 shares of the company’s stock after selling 10,796 shares during the quarter. JPMorgan Equity Focus ETF accounts for 2.0% of SFG Wealth Management LLC.’s holdings, making the stock its 9th biggest position. SFG Wealth Management LLC.’s holdings in JPMorgan Equity Focus ETF were worth $4,135,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. Tyler Stone Wealth Management increased its holdings in JPMorgan Equity Focus ETF by 199.7% during the 4th quarter. Tyler Stone Wealth Management now owns 11,328 shares of the company’s stock worth $760,000 after purchasing an additional 7,548 shares in the last quarter. LPL Financial LLC raised its position in JPMorgan Equity Focus ETF by 7.3% in the 4th quarter. LPL Financial LLC now owns 684,680 shares of the company’s stock valued at $45,949,000 after buying an additional 46,491 shares during the last quarter. Level Four Advisory Services LLC grew its stake in shares of JPMorgan Equity Focus ETF by 4.7% during the 4th quarter. Level Four Advisory Services LLC now owns 162,299 shares of the company’s stock worth $10,892,000 after acquiring an additional 7,285 shares in the last quarter. Private Advisor Group LLC raised its holdings in shares of JPMorgan Equity Focus ETF by 1.9% in the fourth quarter. Private Advisor Group LLC now owns 8,642 shares of the company’s stock valued at $580,000 after purchasing an additional 164 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in JPMorgan Equity Focus ETF by 45.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 211,396 shares of the company’s stock worth $14,187,000 after purchasing an additional 65,715 shares during the last quarter.

JPMorgan Equity Focus ETF Trading Down 0.2%

Shares of JPEF stock opened at $68.72 on Thursday. The firm’s fifty day moving average price is $65.83 and its two-hundred day moving average price is $66.18. JPMorgan Equity Focus ETF has a 1 year low of $55.46 and a 1 year high of $70.16. The firm has a market capitalization of $1.45 billion, a P/E ratio of 26.67 and a beta of 1.11.

About JPMorgan Equity Focus ETF

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.