Prospera Financial Services Inc Has $26.05 Million Stock Position in JPMorgan Equity Premium Income ETF $JEPI

Prospera Financial Services Inc trimmed its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 455,076 shares of the company’s stock after selling 85,283 shares during the quarter. Prospera Financial Services Inc owned about 0.06% of JPMorgan Equity Premium Income ETF worth $26,051,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of JEPI. FNY Investment Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. EQ Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $29,000. BTG Pactual Asset Management US LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $31,000. Logan Capital Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $33,000. Finally, VSM Wealth Advisory LLC raised its stake in JPMorgan Equity Premium Income ETF by 84.1% during the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after purchasing an additional 269 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA:JEPI opened at $56.33 on Friday. The stock has a market cap of $44.63 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The company has a fifty day moving average price of $56.79 and a 200 day moving average price of $57.55.

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.