J.P. Morgan Files for Research-Driven U.S. Large-Cap ETF

The JPMorgan U.S. Analyst ETF will invest at least 80% of assets in U.S. equities, primarily large-cap companies comparable to the S&P 500 universe. The actively-managed fund will use bottom-up research and analysts’ highest-conviction ideas while generally keeping sector exposure near the broader market. It may use futures for targeted exposure and will be non-diversified. The ETF must concentrate at least 25% of assets across specified technology, banking and pharmaceutical industries and will incorporate financially material ESG factors into its research process.