Bluedoor Private Wealth LLC Purchases New Stake in JPMorgan Equity Premium Income ETF $JEPI

Bluedoor Private Wealth LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,476 shares of the company’s stock, valued at approximately $657,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Morgan Stanley raised its position in shares of JPMorgan Equity Premium Income ETF by 0.6% during the 4th quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after acquiring an additional 261,872 shares in the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after acquiring an additional 690,960 shares in the last quarter. Raymond James Financial Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 2.8% during the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock valued at $415,310,000 after acquiring an additional 201,202 shares in the last quarter. Nationwide Fund Advisors raised its position in shares of JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock valued at $405,826,000 after acquiring an additional 51,190 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 24.0% during the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after acquiring an additional 737,043 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.6%

JEPI stock opened at $56.37 on Tuesday. The firm has a market cap of $44.66 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. The stock’s 50 day simple moving average is $56.53 and its 200 day simple moving average is $57.47.

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.