149,812 Shares of JPMorgan Equity Premium Income ETF $JEPI Bought by Sigma Planning Corp

Sigma Planning Corp purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, HoldingsChannel.com reports. The fund purchased 149,812 shares of the company’s stock, valued at approximately $8,433,000.

A number of other large investors also recently modified their holdings of JEPI. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock valued at $638,942,000 after acquiring an additional 146,792 shares in the last quarter. Royal Bank of Canada increased its holdings in JPMorgan Equity Premium Income ETF by 5.7% during the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after acquiring an additional 449,485 shares during the period. Cetera Investment Advisers increased its holdings in JPMorgan Equity Premium Income ETF by 10.0% during the 1st quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock worth $344,828,000 after acquiring an additional 553,011 shares during the period. Janney Montgomery Scott LLC lifted its stake in JPMorgan Equity Premium Income ETF by 4.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,800,288 shares of the company’s stock worth $158,720,000 after purchasing an additional 107,684 shares in the last quarter. Finally, Cornerstone Advisory LLC lifted its stake in JPMorgan Equity Premium Income ETF by 3.5% in the 1st quarter. Cornerstone Advisory LLC now owns 2,030,560 shares of the company’s stock worth $115,092,000 after purchasing an additional 68,589 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.85 on Monday. The company’s 50 day simple moving average is $56.97 and its two-hundred day simple moving average is $56.77. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a market capitalization of $45.57 billion, a PE 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.