IVC Wealth Advisors LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 8.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 219,531 shares of the company’s stock after purchasing an additional 16,693 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 5.4% of IVC Wealth Advisors LLC’s investment portfolio, making the stock its 4th largest position. IVC Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $12,443,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Equitable Holdings Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3,477.6% in the fourth quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock worth $106,110,000 after buying an additional 1,801,951 shares during the period. Tableaux LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 1,462.3% during the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after acquiring an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 11.4% during 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 last quarter. Tcfg Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after acquiring an additional 810,739 shares during the period. Finally, SHP Wealth Management purchased a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $42,882,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of JPMorgan Equity Premium Income ETF stock opened at $56.10 on Friday. The stock’s fifty day moving average is $56.48 and its two-hundred day moving average is $57.42. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The company has a market capitalization of $44.45 billion, a PE ratio of 23.93 and a beta of 0.54.
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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