Consolidated Portfolio Review Corp boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 228.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 11,673 shares of the company’s stock after buying an additional 8,121 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $672,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its position in shares of JPMorgan Equity Premium Income ETF by 18.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock valued at $1,332,380,000 after buying an additional 3,536,406 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 8.4% during the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after purchasing an additional 285,180 shares in the last quarter. HighTower Advisors LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.4% in the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock valued at $212,643,000 after purchasing an additional 83,858 shares during the last quarter. MML Investors Services LLC grew its stake in JPMorgan Equity Premium Income ETF by 16.9% during the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after buying an additional 376,400 shares during the last quarter. Finally, Stifel Financial Corp increased its position in JPMorgan Equity Premium Income ETF by 7.0% during the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after buying an additional 136,138 shares during the period.
JPMorgan Equity Premium Income ETF Trading Down 0.4 %
Shares of JEPI opened at $58.79 on Friday. The company’s 50 day simple moving average is $58.68 and its 200-day simple moving average is $58.64. JPMorgan Equity Premium Income ETF has a 12-month low of $54.77 and a 12-month high of $60.88. The firm has a market cap of $34.50 billion, a PE ratio of 24.40 and a beta of 0.53.
JPMorgan Equity Premium Income ETF 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.
Featured Articles
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- How to Calculate Stock Profit
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.