DeDora Capital Inc. increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 15.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,125 shares of the company’s stock after buying an additional 1,243 shares during the quarter. DeDora Capital Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $525,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 18.8% in the third quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares during the period. Commonwealth Equity Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 8.4% in 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 during the period. HighTower Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.4% in the third quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after purchasing an additional 83,858 shares during the period. MML Investors Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 16.9% in the third quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares during the period. Finally, Stifel Financial Corp lifted its position in JPMorgan Equity Premium Income ETF by 7.0% in the third quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after purchasing an additional 136,138 shares during the period.
JPMorgan Equity Premium Income ETF Price Performance
JEPI opened at $59.17 on Friday. The company has a market capitalization of $34.72 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $54.77 and a 1-year high of $60.88. The business has a 50 day moving average price of $58.58 and a two-hundred day moving average price of $58.73.
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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