JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,692,604 shares of the company’s stock after acquiring an additional 36,106 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $154,125,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JEPI. Rice Partnership LLC boosted its stake in JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $28,000. EQ Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $29,000. BTG Pactual Asset Management US LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $31,000. Finally, Logan Capital Management Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the third quarter worth $33,000.

JPMorgan Equity Premium Income ETF Trading Down 0.9%

NYSEARCA:JEPI opened at $55.29 on Thursday. The company has a market capitalization of $43.81 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The firm has a fifty day simple moving average of $56.56 and a 200-day simple moving average of $57.49.

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.