NewEdge Advisors LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

NewEdge Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 41.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,097,283 shares of the company’s stock after purchasing an additional 318,923 shares during the period. NewEdge Advisors LLC owned about 0.14% of JPMorgan Equity Premium Income ETF worth $61,975,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JEPI. Rice Partnership LLC grew its position in JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the period. Providence Capital Advisors LLC purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $26,000. NBH Bank purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $27,000. Advocate Investing Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $28,000. Finally, Monetary Solutions Ltd bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $30,000.

JPMorgan Equity Premium Income ETF Trading Down 0.6%

JPMorgan Equity Premium Income ETF stock opened at $56.87 on Wednesday. The business’s 50 day simple moving average is $57.24 and its 200 day simple moving average is $57.02. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The company has a market cap of $45.36 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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.