JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by PFG Investments LLC

PFG Investments LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.0% in the 3rd quarter, Holdings Channel reports. The firm owned 144,583 shares of the company’s stock after buying an additional 10,672 shares during the period. PFG Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,256,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in JEPI. Nationwide Fund Advisors acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $396,998,000. Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 17.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after acquiring an additional 1,327,996 shares during the period. Hamilton Capital LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $72,373,000. Bank of New York Mellon Corp boosted its stake in JPMorgan Equity Premium Income ETF by 191.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock worth $97,120,000 after purchasing an additional 1,122,256 shares during the period. Finally, RiverFront Investment Group LLC grew its position in JPMorgan Equity Premium Income ETF by 42.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,903,847 shares of the company’s stock worth $165,084,000 after purchasing an additional 859,879 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.38 on Friday. The firm’s fifty day moving average is $57.60 and its two-hundred day moving average is $57.09. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73. The firm has a market cap of $42.75 billion, a PE ratio of 23.93 and a beta of 0.60.

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.