Parallel Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 16.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 67,590 shares of the company’s stock after buying an additional 9,407 shares during the period. Parallel Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,831,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also modified their holdings of the company. Equitable Holdings Inc. raised its position in 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 acquiring an additional 1,801,951 shares in the last quarter. Tableaux LLC grew 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 purchasing an additional 1,407,660 shares during the period. Raymond James Financial Inc. grew 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 purchasing an additional 825,889 shares during the period. SHP Wealth Management acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth $42,882,000. Finally, RiverFront Investment Group LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 24.0% in the fourth quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after purchasing an additional 737,043 shares during the period.
JPMorgan Equity Premium Income ETF Trading Up 0.3%
JEPI stock opened at $57.51 on Thursday. The company’s 50-day moving average price is $56.40 and its 200 day moving average price is $57.19. 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 cap of $45.87 billion, a P/E ratio of 23.93 and a beta of 0.53.
About JPMorgan Equity Premium Income ETF
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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