Wealthfront Advisers LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 30.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 267,421 shares of the company’s stock after acquiring an additional 63,131 shares during the quarter. Wealthfront Advisers LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,157,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also bought and sold shares of JEPI. Morgan Stanley raised its stake 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 worth $2,703,692,000 after purchasing an additional 261,872 shares during the period. Bank of America Corp DE increased its holdings in JPMorgan Equity Premium Income ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the last quarter. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after buying an additional 825,889 shares during the last quarter. Nationwide Fund Advisors raised its position in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after acquiring an additional 51,190 shares during the period. Finally, Cetera Investment Advisers raised its position in JPMorgan Equity Premium Income ETF by 7.2% in the fourth quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock worth $316,581,000 after acquiring an additional 370,330 shares during the period.
JPMorgan Equity Premium Income ETF Stock Up 0.6%
JPMorgan Equity Premium Income ETF stock opened at $56.98 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The firm has a 50 day moving average price of $56.15 and a 200-day moving average price of $57.28. The company 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 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.
Read More
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
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).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
