Indivisible Partners Purchases Shares of 200,013 JPMorgan Equity Premium Income ETF $JEPI

Indivisible Partners purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 200,013 shares of the company’s stock, valued at approximately $11,449,000. JPMorgan Equity Premium Income ETF accounts for approximately 1.2% of Indivisible Partners’ portfolio, making the stock its 10th biggest position.

A number of other large investors also recently bought and sold shares of JEPI. Bank of America Corp DE raised its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Envestnet Asset Management Inc. raised its stake in JPMorgan Equity Premium Income ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after purchasing an additional 493,639 shares during the last quarter. Raymond James Financial Inc. raised its stake in JPMorgan Equity Premium Income ETF by 2.8% in the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock valued at $415,310,000 after purchasing an additional 201,202 shares during the last quarter. Nationwide Fund Advisors raised its stake in JPMorgan Equity Premium Income ETF by 0.7% in the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock valued at $405,826,000 after purchasing an additional 51,190 shares during the last quarter. Finally, MML Investors Services LLC grew its holdings in JPMorgan Equity Premium Income ETF by 5.0% in the 2nd quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock valued at $190,893,000 after buying an additional 158,645 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3%

Shares of NYSEARCA:JEPI opened at $56.50 on Wednesday. The business has a fifty day moving average of $57.52 and a two-hundred day moving average of $57.65. The stock has a market cap of $44.77 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 52-week low of $55.15 and a 52-week high of $59.90.

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.