MML Investors Services LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 8.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 3,063,422 shares of the company’s stock after buying an additional 230,264 shares during the quarter. MML Investors Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $175,350,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of the company. Mariner LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 10.9% during the fourth quarter. Mariner LLC now owns 497,524 shares of the company’s stock worth $28,478,000 after buying an additional 48,930 shares in the last quarter. Nicolet Advisory Services LLC grew its holdings in JPMorgan Equity Premium Income ETF by 6.7% in the fourth quarter. Nicolet Advisory Services LLC now owns 6,124 shares of the company’s stock valued at $357,000 after purchasing an additional 382 shares during the period. Focus Partners Wealth grew its holdings in JPMorgan Equity Premium Income ETF by 19.5% in the fourth quarter. Focus Partners Wealth now owns 1,013,656 shares of the company’s stock valued at $58,140,000 after purchasing an additional 165,563 shares during the period. Glen Eagle Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF by 19.4% in the fourth quarter. Glen Eagle Advisors LLC now owns 5,423 shares of the company’s stock valued at $310,000 after purchasing an additional 882 shares during the period. Finally, Eagle Bluffs Wealth Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 8.8% in the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 99,833 shares of the company’s stock valued at $5,756,000 after purchasing an additional 8,071 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
JPMorgan Equity Premium Income ETF stock opened at $56.04 on Monday. The company has a market cap of $44.40 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The firm has a 50 day moving average price of $56.53 and a 200 day moving average price of $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.
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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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