JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,083,774 shares of the company’s stock after buying an additional 553,011 shares during the quarter. Cetera Investment Advisers owned approximately 0.77% of JPMorgan Equity Premium Income ETF worth $344,828,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of JEPI. Crewe Advisors LLC boosted its position in JPMorgan Equity Premium Income ETF by 32.9% in the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after buying an additional 9,514 shares during the period. Capital Investment Advisory Services LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 32.7% during the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares during the period. Apella Capital LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.8% in the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after acquiring an additional 9,499 shares in the last quarter. Leo Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $757,000. Finally, Decker Retirement Planning Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 231.2% in the fourth quarter. Decker Retirement Planning Inc. now owns 83,279 shares of the company’s stock valued at $4,767,000 after purchasing an additional 58,137 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $56.65 on Thursday. The business has a fifty day moving average price of $56.19 and a 200 day moving average price of $57.25. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market capitalization of $45.20 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

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.