Prime Capital Investment Advisors LLC lessened its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 2.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 509,959 shares of the company’s stock after selling 14,183 shares during the quarter. Prime Capital Investment Advisors LLC owned 0.06% of JPMorgan Equity Premium Income ETF worth $28,670,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of JEPI. Hamilton Capital LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $84,219,000. Foguth Wealth Management LLC. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 366.7% during the first quarter. Foguth Wealth Management LLC. now owns 919,518 shares of the company’s stock worth $51,530,000 after buying an additional 722,490 shares during the period. Cetera Investment Advisers grew its holdings in shares of JPMorgan Equity Premium Income ETF by 10.0% during the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after buying an additional 553,011 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of JPMorgan Equity Premium Income ETF by 390.1% during the first quarter. Arkadios Wealth Advisors now owns 606,352 shares of the company’s stock valued at $34,368,000 after buying an additional 482,640 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of JPMorgan Equity Premium Income ETF by 5.7% in the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after acquiring an additional 449,485 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of NYSEARCA JEPI traded up $0.28 during mid-day trading on Tuesday, hitting $57.34. The stock had a trading volume of 2,190,793 shares, compared to its average volume of 5,117,386. The firm has a market cap of $45.98 billion, a PE ratio of 23.93 and a beta of 0.53. The company has a 50 day moving average of $57.02 and a two-hundred day moving average of $56.75. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.
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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