Edgestream Partners L.P. Decreases Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Edgestream Partners L.P. trimmed its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 84.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,686 shares of the company’s stock after selling 20,304 shares during the quarter. Edgestream Partners L.P.’s holdings in JPMorgan Equity Premium Income ETF were worth $209,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Morgan Stanley raised its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after acquiring an additional 261,872 shares during the period. Bank of America Corp DE boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd 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 during the period. Royal Bank of Canada boosted its stake in shares of JPMorgan Equity Premium Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after purchasing an additional 449,485 shares during the period. Raymond James Financial Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after purchasing an additional 825,889 shares during the last quarter. Finally, Nationwide Fund Advisors raised its position in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after purchasing an additional 51,190 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $57.59 on Friday. The company has a market cap of $45.93 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The firm has a 50-day simple moving average of $56.42 and a two-hundred day simple moving average of $57.19.

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.