D.A. Davidson & CO. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 8.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 277,848 shares of the company’s stock after purchasing an additional 20,759 shares during the period. D.A. Davidson & CO.’s holdings in JPMorgan Equity Premium Income ETF were worth $15,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors have also added to or reduced their stakes in JEPI. Rice Partnership LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after buying an additional 249 shares during the last quarter. Providence Capital Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $26,000. FNY Investment Advisers LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. Advocate Investing Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $28,000. Finally, EQ Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $29,000.
JPMorgan Equity Premium Income ETF Trading Up 0.6%
NYSEARCA JEPI opened at $56.98 on Friday. The firm’s fifty day simple moving average is $56.15 and its two-hundred day simple moving average is $57.28. The firm has a market capitalization of $45.36 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90.
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.
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