DAVENPORT & Co LLC Acquires 30,360 Shares of JPMorgan Equity Premium Income ETF $JEPI

DAVENPORT & Co LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 421,087 shares of the company’s stock after buying an additional 30,360 shares during the period. DAVENPORT & Co LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $24,044,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JEPI. Geneos Wealth Management Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 20.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock valued at $16,249,000 after purchasing an additional 47,712 shares during the period. Coastline Trust Co lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 14.0% during the second quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock worth $113,000 after buying an additional 243 shares during the last quarter. Cooper Financial Group boosted its position in shares of JPMorgan Equity Premium Income ETF by 3.9% in the third quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock valued at $24,182,000 after acquiring an additional 15,888 shares during the period. Grandview Asset Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 8.6% in the second quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock valued at $851,000 after acquiring an additional 1,181 shares during the period. Finally, Fermata Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% in the third quarter. Fermata Advisors LLC now owns 229,595 shares of the company’s stock worth $13,110,000 after acquiring an additional 12,699 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $57.97 on Thursday. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73. The company has a fifty day moving average price of $57.13 and a 200 day moving average price of $56.84. The stock has a market cap of $41.49 billion, a P/E ratio of 23.93 and a beta of 0.60.

About JPMorgan Equity Premium Income ETF

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.