JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Focus Partners Wealth

Focus Partners Wealth grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,013,656 shares of the company’s stock after acquiring an additional 165,563 shares during the quarter. Focus Partners Wealth owned about 0.14% of JPMorgan Equity Premium Income ETF worth $58,140,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Morgan Stanley boosted its holdings 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 holdings in shares of 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 valued at $1,897,209,000 after acquiring an additional 690,960 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of 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 valued at $415,310,000 after acquiring an additional 201,202 shares during the period. Nationwide Fund Advisors boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% in the fourth 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, RiverFront Investment Group LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 24.0% in the fourth quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after acquiring an additional 737,043 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.6%

JEPI stock opened at $56.37 on Tuesday. The company has a market capitalization of $44.66 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The business has a 50 day simple moving average of $56.53 and a 200-day simple moving average of $57.47.

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.