Continuum Advisory LLC Acquires 21,479 Shares of JPMorgan Equity Premium Income ETF $JEPI

Continuum Advisory LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 117,001 shares of the company’s stock after acquiring an additional 21,479 shares during the period. Continuum Advisory LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,681,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC lifted its position in JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after buying an additional 401,771,477 shares in the last quarter. Nationwide Fund Advisors acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $396,998,000. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 17.4% in the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after acquiring an additional 1,327,996 shares during the last quarter. Hamilton Capital LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $72,373,000. Finally, Bank of New York Mellon Corp raised its holdings in JPMorgan Equity Premium Income ETF by 191.5% during 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 acquiring an additional 1,122,256 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.1%

JEPI stock opened at $57.98 on Tuesday. The business has a 50 day moving average price of $57.19 and a two-hundred day moving average price of $56.89. The company has a market cap of $41.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.73.

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.