Nottingham Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 21.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 816,880 shares of the company’s stock after purchasing an additional 144,966 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 6.0% of Nottingham Advisors Inc.’s holdings, making the stock its 4th largest position. Nottingham Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $46,301,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Morgan Stanley grew its position in JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after buying an additional 261,872 shares in the last quarter. Bank of America Corp DE raised its position 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 buying an additional 690,960 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of 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 worth $463,602,000 after buying an additional 825,889 shares in the last quarter. Nationwide Fund Advisors lifted its stake in shares of 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 acquiring an additional 51,190 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 7.2% in the fourth quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock valued at $316,581,000 after acquiring an additional 370,330 shares in the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
JPMorgan Equity Premium Income ETF stock opened at $55.83 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The stock has a market capitalization of $44.24 billion, a PE ratio of 23.93 and a beta of 0.54. The firm has a 50 day simple moving average of $56.41 and a 200-day simple moving average of $57.41.
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.
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