JPMorgan Equity Premium Income ETF $JEPI Stock Holdings Lifted by RiverFront Investment Group LLC

RiverFront Investment Group LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,804,642 shares of the company’s stock after buying an additional 737,043 shares during the period. JPMorgan Equity Premium Income ETF comprises about 3.6% of RiverFront Investment Group LLC’s holdings, making the stock its 4th largest position. RiverFront Investment Group LLC owned approximately 0.52% of JPMorgan Equity Premium Income ETF worth $217,778,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Elyxium Wealth LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $130,000. L & S Advisors Inc boosted its position in shares of JPMorgan Equity Premium Income ETF by 9.5% during the fourth quarter. L & S Advisors Inc now owns 16,679 shares of the company’s stock valued at $955,000 after buying an additional 1,447 shares during the last quarter. Soltis Investment Advisors LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 30.4% during the fourth quarter. Soltis Investment Advisors LLC now owns 77,928 shares of the company’s stock valued at $4,461,000 after buying an additional 18,152 shares during the last quarter. Accredited Investors Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 3.9% during the fourth quarter. Accredited Investors Inc. now owns 7,995 shares of the company’s stock valued at $458,000 after buying an additional 297 shares during the last quarter. Finally, Millennium Capital Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $1,270,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $55.89 on Monday. The company has a market capitalization of $44.28 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. The stock has a 50 day moving average of $57.00 and a 200 day moving average of $57.58. JPMorgan Equity Premium Income ETF has a 12 month low of $55.15 and a 12 month 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.