Royal Bank of Canada Purchases 449,485 Shares of JPMorgan Equity Premium Income ETF $JEPI

Royal Bank of Canada grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIFree Report) by 5.7% during the 1st quarter, Holdings Channel reports. The fund owned 8,366,269 shares of the company’s stock after buying an additional 449,485 shares during the period. Royal Bank of Canada’s holdings in JPMorgan Equity Premium Income ETF were worth $474,201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth $402,000. AQR Capital Management LLC increased its position in JPMorgan Equity Premium Income ETF by 28.1% in the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after buying an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $847,000. Schnieders Capital Management LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $3,093,000. Finally, First Trust Advisors LP bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $529,000.

JPMorgan Equity Premium Income ETF Stock Up 0.7%

NYSEARCA JEPI opened at $57.48 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The business has a 50-day moving average price of $56.27 and a 200-day moving average price of $57.23. The firm has a market cap of $45.91 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

JPMorgan Equity Premium Income ETF Company Profile

(Free Report)

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:JEPIFree Report).

Institutional Ownership by Quarter for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

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