Allworth Financial LP Acquires 15,696 Shares of JPMorgan Equity Premium Income ETF $JEPI

Allworth Financial LP increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,143,928 shares of the company’s stock after buying an additional 15,696 shares during the quarter. Allworth Financial LP owned 0.16% of JPMorgan Equity Premium Income ETF worth $65,032,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Kingstone Capital Partners Texas LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 35.9% during the first quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after purchasing an additional 7,443,750 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in JPMorgan Equity Premium Income ETF by 17.4% during the second quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after purchasing an additional 1,327,996 shares during the period. Royal Bank of Canada increased its position in JPMorgan Equity Premium Income ETF by 10.5% in the first quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after buying an additional 772,858 shares in the last quarter. Finally, Nationwide Fund Advisors bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $396,998,000.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

JEPI stock opened at $56.45 on Monday. The business’s 50-day moving average price is $56.87 and its 200-day moving average price is $56.50. The stock has a market cap of $40.41 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88.

JPMorgan Equity Premium Income ETF Company 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.