Tudor Investment Corp ET AL purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the third quarter, HoldingsChannel reports. The fund purchased 11,381 shares of the company’s stock, valued at approximately $650,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the business. PVG Asset Management Corp raised its holdings in JPMorgan Equity Premium Income ETF by 50.1% during the third quarter. PVG Asset Management Corp now owns 10,293 shares of the company’s stock valued at $588,000 after acquiring an additional 3,434 shares during the period. PMG Family Office LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter valued at about $2,130,000. Advisors Management Group Inc. ADV raised its holdings in JPMorgan Equity Premium Income ETF by 1.1% during the third quarter. Advisors Management Group Inc. ADV now owns 300,044 shares of the company’s stock valued at $17,133,000 after acquiring an additional 3,299 shares during the period. Allworth Financial LP raised its holdings in JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Allworth Financial LP now owns 1,168,644 shares of the company’s stock valued at $66,730,000 after acquiring an additional 24,716 shares during the period. Finally, IFP Advisors Inc raised its holdings in JPMorgan Equity Premium Income ETF by 11.2% during the third quarter. IFP Advisors Inc now owns 81,723 shares of the company’s stock valued at $4,666,000 after acquiring an additional 8,247 shares during the period.
JPMorgan Equity Premium Income ETF Trading Down 0.4%
Shares of JEPI stock opened at $57.61 on Thursday. JPMorgan Equity Premium Income ETF has a 12-month low of $52.16 and a 12-month high of $59.90. The stock’s 50-day moving average price is $57.95 and its 200-day moving average price is $57.60. The stock has a market capitalization of $44.97 billion, a price-to-earnings ratio of 23.93 and a beta of 0.58.
JPMorgan Equity Premium Income ETF 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.
Further Reading
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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