Beaumont Trims JPEF Stake, Keeps Growth Play

Beaumont Financial slightly reduced its stake in JPMorgan Equity Focus ETF (JPEF) by $9 million, now holding $28.2 million, or 1.9% of their reportable assets. Despite the sale, JPEF remains a growth play on Beaumonts radar, with Google and Apple as top holdings. The ETF manages $1.7 billion, charges a 0.44% expense ratio, and yields 0.73%. It posted a 21.35% one-year return, outperforming many passive peers. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4a716f3a96e0dfff