Indivisible Partners Invests $11.45 Million in JPMorgan Equity Premium Income ETF $JEPI

Indivisible Partners purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 200,013 shares of the company’s stock, valued at approximately $11,449,000. JPMorgan Equity Premium Income ETF accounts for 1.2% of Indivisible Partners’ investment portfolio, making the stock its 10th biggest holding.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in 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 valued at $1,897,209,000 after acquiring an additional 690,960 shares during the period. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after acquiring an additional 493,639 shares during the period. Raymond James Financial Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 2.8% during the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock valued at $415,310,000 after acquiring an additional 201,202 shares during the period. Nationwide Fund Advisors boosted its holdings in JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock valued at $405,826,000 after acquiring an additional 51,190 shares during the period. Finally, MML Investors Services LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5.0% during the 2nd quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock valued at $190,893,000 after acquiring an additional 158,645 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.50 on Wednesday. The firm has a market capitalization of $44.77 billion, a P/E ratio of 23.93 and a beta of 0.56. The business’s 50-day moving average is $57.52 and its two-hundred day moving average is $57.65. JPMorgan Equity Premium Income ETF has a 1 year low of $55.15 and a 1 year high of $59.90.

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.