JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 58.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,447 shares of the company’s stock after purchasing an additional 35,813 shares during the period. Diversify Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,566,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Morgan Stanley lifted its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% during the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after buying an additional 261,872 shares during the period. Bank of America Corp DE grew its stake in JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after acquiring an additional 690,960 shares during the period. Raymond James Financial Inc. grew its stake in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after acquiring an additional 825,889 shares during the period. Nationwide Fund Advisors raised its holdings in JPMorgan Equity Premium Income ETF by 0.7% in 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 during the last quarter. Finally, Cetera Investment Advisers raised its holdings in JPMorgan Equity Premium Income ETF by 7.2% in the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock valued at $316,581,000 after acquiring an additional 370,330 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.76 on Monday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The business’s fifty day moving average is $56.15 and its two-hundred day moving average is $57.32. The firm has a market cap of $45.17 billion, a PE ratio of 23.93 and a beta of 0.54.

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.