The JPMorgan Equity Focus ETF (Symbol: JPEF) experienced significant outflows of approximately $72.1 million, reflecting a 4.4% decrease in shares outstanding week-over-week, dropping from 22,630,111 to 21,630,111 units. This change was observed today as part of regular monitoring of ETFs covered at ETF Channel.
In trading today, key underlying components of JPEF include Loews Corp. (up 0.6%), Morgan Stanley (down 0.2%), and HCA Healthcare Inc. (up 2.6%). JPEF’s share price is currently at $72.16, within a 52-week range of $55.459 to $72.44.
ETFs, including JPEF, are traded similarly to stocks, with units that can be created or destroyed based on investor demand, impacting the underlying assets held within the funds.
