Leo Wealth LLC purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the 4th quarter, Holdings Channel.com reports. The firm purchased 13,233 shares of the company’s stock, valued at approximately $757,000.
Several other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in JPMorgan Equity Premium Income ETF by 2.1% in the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares in the last quarter. Envestnet Asset Management Inc. raised its position in JPMorgan Equity Premium Income ETF by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after purchasing an additional 493,639 shares in the last quarter. Raymond James Financial Inc. raised its position in JPMorgan Equity Premium Income ETF by 2.8% in the third quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after purchasing an additional 201,202 shares in the last quarter. Nationwide Fund Advisors raised its position in JPMorgan Equity Premium Income ETF by 0.8% in the third quarter. Nationwide Fund Advisors now owns 7,038,718 shares of the company’s stock worth $401,911,000 after purchasing an additional 55,467 shares in the last quarter. Finally, Osaic Holdings Inc. raised its position in JPMorgan Equity Premium Income ETF by 1.4% in the second quarter. Osaic Holdings Inc. now owns 6,248,359 shares of the company’s stock worth $355,327,000 after purchasing an additional 85,326 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.4%
NYSEARCA:JEPI opened at $56.70 on Tuesday. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $59.90. The firm has a market capitalization of $43.96 billion, a PE ratio of 23.93 and a beta of 0.60. The firm has a 50-day moving average price of $58.09 and a 200 day moving average price of $57.57.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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