Key Financial Inc Acquires 385 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

Key Financial Inc grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,970 shares of the company’s stock after purchasing an additional 385 shares during the period. Key Financial Inc’s holdings in JPMorgan Equity Premium Income ETF were worth $438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Morgan Stanley grew its stake in JPMorgan Equity Premium Income ETF by 12.1% during the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after acquiring an additional 3,531,562 shares in the last quarter. International Assets Investment Management LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $647,943,000. Moneta Group Investment Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $460,136,000. Royal Bank of Canada grew its stake in JPMorgan Equity Premium Income ETF by 15.3% during the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after acquiring an additional 922,303 shares in the last quarter. Finally, UBS Group AG grew its stake in JPMorgan Equity Premium Income ETF by 21.5% during the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after acquiring an additional 1,024,956 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock traded down $0.12 during midday trading on Wednesday, reaching $55.58. The company had a trading volume of 3,008,470 shares, compared to its average volume of 3,616,344. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94. The company has a market capitalization of $32.56 billion, a P/E ratio of 24.51 and a beta of 0.54. The firm has a 50-day moving average price of $56.86 and a 200-day moving average price of $55.26.

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.