JPMorgan Social Advancement ETF
UPWD
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Sep 30, 2022
- Similar Companies
- Business
- JPMorgan Social Advancement ETF (UPWD) is an actively managed exchange-traded fund that invests primarily in global equities positioned to benefit from social and economic advancements. The fund targets companies facilitating economic empowerment across society, including those providing essential amenities, affordable housing and infrastructure; health and wellbeing services; education and talent training; attainable financing; and access to the digital ecosystem. Launched on September 7, 2022, and listed on NASDAQ, UPWD is issued by J.P. Morgan Exchange-Traded Fund Trust and managed by a team at J.P. Morgan Asset Management including Rajesh Tanna, Jennifer Rabowsky, and Bilquis Ahmed, with headquarters in New York. It operates globally with a net expense ratio of 0.49% and assets under management of approximately $12.8 million as of recent data. UPWD forms part of J.P. Morgan Asset Management's sustainable thematic ETF suite, alongside launches like the JPMorgan Sustainable Consumption ETF (CIRC) and JPMorgan Sustainable Infrastructure ETF (BLLD) in September 2022, emphasizing active strategies for long-term capital appreciation through ESG-aligned themes. In August 2023, J.P. Morgan announced the liquidation of UPWD and CIRC due to low assets and inflows after just over a year, with closures expected in fall 2023; however, the fund continues trading on NASDAQ as of May 2025 with 220,000 outstanding shares and minimal volume. No recent partnerships, acquisitions, funding rounds, or new product launches specific to UPWD have been reported in 2024 or 2025, amid broader J.P. Morgan ETF expansions in active strategies like high yield and income funds.