Brown Advisory Inc. Has $1.22 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Brown Advisory Inc. decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,518 shares of the company’s stock after selling 8,827 shares during the quarter. Brown Advisory Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,223,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after buying an additional 401,771,477 shares during the last quarter. Nationwide Fund Advisors acquired a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth approximately $396,998,000. Envestnet Asset Management Inc. boosted its holdings in 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 valued at $508,201,000 after acquiring an additional 1,327,996 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in JPMorgan Equity Premium Income ETF by 191.5% in 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 acquiring an additional 1,122,256 shares during the last quarter. Finally, RiverFront Investment Group LLC increased its position in JPMorgan Equity Premium Income ETF by 42.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,903,847 shares of the company’s stock valued at $165,084,000 after purchasing an additional 859,879 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $57.41 on Thursday. The firm has a market cap of $41.09 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.86. The firm has a 50 day moving average price of $56.95 and a two-hundred day moving average price of $56.72.

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.