JPMorgan Equity Premium Income ETF $JEPI Stake Increased by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 14.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 778,360 shares of the company’s stock after buying an additional 96,857 shares during the period. NewEdge Advisors LLC owned about 0.10% of JPMorgan Equity Premium Income ETF worth $44,117,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of JEPI. Walled Lake Planning & Wealth Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares in the last quarter. Wealth Effects LLC increased its stake in JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after buying an additional 173 shares during the period. Aspen Wealth Strategies LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 4.5% during the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock valued at $231,000 after buying an additional 174 shares during the period. Morey & Quinn Wealth Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 4.9% during the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock valued at $213,000 after acquiring an additional 175 shares in the last quarter. Finally, 3Chopt Investment Partners LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 9.0% during the 1st quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock valued at $121,000 after acquiring an additional 177 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

Shares of NYSEARCA:JEPI opened at $57.59 on Friday. The firm has a market cap of $45.93 billion, a price-to-earnings 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 business has a fifty day simple moving average of $56.42 and a 200 day simple moving average of $57.19.

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.