Allworth Financial LP Grows Position in JPMorgan Equity Premium Income ETF $JEPI

Allworth Financial LP boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,226,749 shares of the company’s stock after acquiring an additional 58,105 shares during the period. Allworth Financial LP’s holdings in JPMorgan Equity Premium Income ETF were worth $70,219,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $402,000. AQR Capital Management LLC grew its stake in JPMorgan Equity Premium Income ETF by 28.1% during the 1st 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 during the last quarter. Goldman Sachs Group Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $847,000. Schnieders Capital Management LLC. acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $3,093,000. Finally, First Trust Advisors LP purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at about $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $55.93 on Thursday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.15 and a fifty-two week high of $59.90. The company has a market cap of $44.32 billion, a PE ratio of 23.93 and a beta of 0.56. The business has a 50-day simple moving average of $57.12 and a two-hundred day simple moving average of $57.61.

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.