AE Wealth Management LLC Has $10.19 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

AE Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 178,413 shares of the company’s stock after buying an additional 13,030 shares during the quarter. AE Wealth Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,187,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Nationwide Fund Advisors purchased a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $396,998,000. Envestnet Asset Management Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 17.4% in the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after buying an additional 1,327,996 shares during the period. Hamilton Capital LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $72,373,000. Bank of New York Mellon Corp grew its holdings in shares of JPMorgan Equity Premium Income ETF by 191.5% during the second quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock valued at $97,120,000 after buying an additional 1,122,256 shares in the last quarter. Finally, RiverFront Investment Group LLC raised its position in JPMorgan Equity Premium Income ETF by 42.1% during the second quarter. RiverFront Investment Group LLC now owns 2,903,847 shares of the company’s stock valued at $165,084,000 after buying an additional 859,879 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.0%

Shares of JPMorgan Equity Premium Income ETF stock opened at $58.56 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The company has a market cap of $43.01 billion, a P/E ratio of 23.93 and a beta of 0.60. The stock has a 50-day moving average price of $57.82 and a 200 day moving average price of $57.15.

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.