Kestra Advisory Services LLC Purchases 11,573 Shares of JPMorgan Equity Premium Income ETF $JEPI

Kestra Advisory Services LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.6% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,048,222 shares of the company’s stock after buying an additional 11,573 shares during the period. Kestra Advisory Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $115,151,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of JEPI. Claro Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% during the third quarter. Claro Advisors Inc. now owns 98,793 shares of the company’s stock worth $5,554,000 after purchasing an additional 5,503 shares during the last quarter. Cora Capital Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 16.7% during the third quarter. Cora Capital Advisors LLC now owns 17,324 shares of the company’s stock valued at $974,000 after purchasing an additional 2,475 shares during the period. StrongBox Wealth LLC lifted its position in JPMorgan Equity Premium Income ETF by 0.7% during the third quarter. StrongBox Wealth LLC now owns 128,885 shares of the company’s stock valued at $7,246,000 after purchasing an additional 897 shares during the period. Platform Technology Partners boosted its holdings in JPMorgan Equity Premium Income ETF by 3.1% in the third quarter. Platform Technology Partners now owns 21,040 shares of the company’s stock valued at $1,183,000 after purchasing an additional 626 shares during the last quarter. Finally, Commonwealth Equity Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at $197,781,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI opened at $56.39 on Friday. The business’s 50-day moving average is $56.88 and its two-hundred day moving average is $57.16. The company has a market capitalization of $45.23 billion, a P/E ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.

About JPMorgan Equity Premium Income ETF

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.