Thrivent Financial for Lutherans Purchases 30,621 Shares of JPMorgan Equity Premium Income ETF $JEPI

Thrivent Financial for Lutherans boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 195,162 shares of the company’s stock after acquiring an additional 30,621 shares during the quarter. Thrivent Financial for Lutherans’ holdings in JPMorgan Equity Premium Income ETF were worth $11,288,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in JEPI. Tcfg Wealth Management LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the third quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after purchasing an additional 810,739 shares during the period. Bank of America Corp DE boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 9.9% during the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after purchasing an additional 636,586 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 40.2% during the third quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock worth $115,436,000 after purchasing an additional 581,218 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after purchasing an additional 493,639 shares during the period.

JPMorgan Equity Premium Income ETF Trading Down 0.1%

JPMorgan Equity Premium Income ETF stock opened at $56.08 on Wednesday. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The firm has a 50-day moving average of $56.91 and a 200-day moving average of $57.57. The firm has a market cap of $44.43 billion, a P/E ratio of 23.93 and a beta of 0.56.

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.