JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 43.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 39,457 shares of the company’s stock after acquiring an additional 11,890 shares during the period. Simplicity Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,253,000 at the end of the most recent reporting period.

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

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $58.34 on Friday. The firm has a market capitalization of $42.65 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The company’s 50 day simple moving average is $57.56 and its 200-day simple moving average is $57.08.

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.