Tudor Investment Corp ET AL Makes New $650,000 Investment in JPMorgan Equity Premium Income ETF $JEPI

Tudor Investment Corp ET AL bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the third quarter, Holdings Channel.com reports. The fund bought 11,381 shares of the company’s stock, valued at approximately $650,000.

A number of other hedge funds have also modified their holdings of the business. Bank of America Corp DE boosted its position in 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 acquiring an additional 690,960 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after acquiring an additional 493,639 shares in the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 2.8% in the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock valued at $415,310,000 after acquiring an additional 201,202 shares during the last quarter. Nationwide Fund Advisors lifted its stake in JPMorgan Equity Premium Income ETF by 0.8% in the 3rd quarter. Nationwide Fund Advisors now owns 7,038,718 shares of the company’s stock worth $401,911,000 after purchasing an additional 55,467 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 1.4% in the 2nd quarter. Osaic Holdings Inc. now owns 6,248,359 shares of the company’s stock worth $355,327,000 after purchasing an additional 85,326 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.68 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.90. The firm has a market capitalization of $41.77 billion, a PE ratio of 23.93 and a beta of 0.60. The business has a 50 day simple moving average of $58.24 and a 200-day simple moving average of $57.58.

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.