RiverFront Investment Group LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 24.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,804,642 shares of the company’s stock after acquiring an additional 737,043 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 3.6% of RiverFront Investment Group LLC’s holdings, making the stock its 4th largest position. RiverFront Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $217,778,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. FNY Investment Advisers LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. EQ Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $29,000. BTG Pactual Asset Management US LLC bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $31,000. Logan Capital Management Inc. bought a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at $33,000. Finally, VSM Wealth Advisory LLC grew its holdings in JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after purchasing an additional 269 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of NYSEARCA JEPI opened at $55.89 on Monday. The stock has a fifty day simple moving average of $57.00 and a two-hundred day simple moving average of $57.58. 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 market cap of $44.28 billion, a price-to-earnings 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.
Further Reading
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
