JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Holdings Increased by RiverFront Investment Group LLC

RiverFront Investment Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,002,917 shares of the company’s stock after buying an additional 167,190 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 2.6% of RiverFront Investment Group LLC’s portfolio, making the stock its 14th largest position. RiverFront Investment Group LLC owned approximately 0.34% of JPMorgan Equity Premium Income ETF worth $115,228,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JEPI. Citigroup Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 51.8% in the third quarter. Citigroup Inc. now owns 147,827 shares of the company’s stock worth $8,797,000 after purchasing an additional 50,459 shares during the period. Bank of Montreal Can boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.5% in the 3rd quarter. Bank of Montreal Can now owns 47,931 shares of the company’s stock valued at $2,848,000 after buying an additional 6,066 shares during the period. Townsquare Capital LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 59.0% during the 3rd quarter. Townsquare Capital LLC now owns 12,124 shares of the company’s stock valued at $721,000 after buying an additional 4,499 shares during the last quarter. Fiduciary Trust Co grew its position in shares of JPMorgan Equity Premium Income ETF by 44.7% during the 3rd quarter. Fiduciary Trust Co now owns 13,501 shares of the company’s stock valued at $803,000 after buying an additional 4,172 shares during the last quarter. Finally, Financial Counselors Inc. raised its stake in JPMorgan Equity Premium Income ETF by 13.6% during the third quarter. Financial Counselors Inc. now owns 224,238 shares of the company’s stock worth $13,344,000 after acquiring an additional 26,883 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 1.2 %

Shares of JEPI stock opened at $56.68 on Friday. The company has a market cap of $38.75 billion, a P/E ratio of 24.79 and a beta of 0.61. The business has a 50 day moving average of $58.41 and a two-hundred day moving average of $58.86. JPMorgan Equity Premium Income ETF has a 52 week low of $54.77 and a 52 week high of $60.88.

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.