NewEdge Advisors LLC Acquires 318,923 Shares of JPMorgan Equity Premium Income ETF $JEPI

NewEdge Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,097,283 shares of the company’s stock after buying an additional 318,923 shares during the period. NewEdge Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $61,975,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JEPI. Equitable Holdings Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after buying an additional 1,801,951 shares in the last quarter. Tableaux LLC grew its position in JPMorgan Equity Premium Income ETF by 1,462.3% during the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock valued at $86,084,000 after acquiring an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. grew its position in JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after acquiring an additional 825,889 shares during the last quarter. SHP Wealth Management purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $42,882,000. Finally, RiverFront Investment Group LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 24.0% during the fourth quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after acquiring an additional 737,043 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

JPMorgan Equity Premium Income ETF stock opened at $56.87 on Wednesday. The company has a market capitalization of $45.36 billion, a PE ratio of 23.93 and a beta of 0.53. The firm has a fifty day simple moving average of $57.24 and a two-hundred day simple moving average of $57.02. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve 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.