JPMorgan Equity Premium Income ETF $JEPI Holdings Raised by AE Wealth Management LLC

AE Wealth Management LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 178,413 shares of the company’s stock after purchasing an additional 13,030 shares during the period. AE Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,187,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. BOS Asset Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 3.5% in the third quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock valued at $298,000 after purchasing an additional 178 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 9.0% during the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after buying an additional 183 shares during the last quarter. Comprehensive Money Management Services LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3.6% during the 3rd quarter. Comprehensive Money Management Services LLC now owns 5,428 shares of the company’s stock valued at $310,000 after buying an additional 188 shares during the last quarter. Global Financial Private Client LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 3.7% in the 3rd quarter. Global Financial Private Client LLC now owns 5,317 shares of the company’s stock valued at $304,000 after buying an additional 189 shares in the last quarter. Finally, Blue Chip Partners LLC increased its holdings in JPMorgan Equity Premium Income ETF by 1.2% in the second quarter. Blue Chip Partners LLC now owns 16,355 shares of the company’s stock worth $930,000 after buying an additional 192 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $58.56 on Friday. The firm has a market cap of $43.01 billion, a PE ratio of 23.93 and a beta of 0.60. The firm’s 50 day moving average price is $57.82 and its 200 day moving average price is $57.15. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.73.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.