First Horizon Advisors Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 257.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,841 shares of the company’s stock after buying an additional 1,326 shares during the quarter. First Horizon Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $110,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its stake in JPMorgan Equity Premium Income ETF by 406.2% during the 1st quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after acquiring an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after purchasing an additional 1,032,746 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $31,505,000. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after buying an additional 539,682 shares in the last quarter. Finally, CWM LLC raised its stake in JPMorgan Equity Premium Income ETF by 44.3% during the 2nd quarter. CWM LLC now owns 1,739,888 shares of the company’s stock worth $98,617,000 after buying an additional 534,547 shares during the period.
JPMorgan Equity Premium Income ETF Trading Up 0.4 %
JEPI stock opened at $60.16 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $54.27 and a 1-year high of $60.20. The firm has a market cap of $35.30 billion, a PE ratio of 24.40 and a beta of 0.53. The business’s 50-day moving average price is $59.36 and its two-hundred day moving average price is $57.82.
JPMorgan Equity Premium Income ETF Company Profile
The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.
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