FAS Wealth Partners Inc. Buys 54,943 Shares of JPMorgan Equity Premium Income ETF $JEPI

FAS Wealth Partners Inc. increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPIFree Report) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,534,530 shares of the company’s stock after purchasing an additional 54,943 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 5.9% of FAS Wealth Partners Inc.’s holdings, making the stock its largest holding. FAS Wealth Partners Inc. owned about 0.21% of JPMorgan Equity Premium Income ETF worth $87,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Nationwide Fund Advisors purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $396,998,000. Envestnet Asset Management Inc. lifted its stake 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 worth $508,201,000 after acquiring an additional 1,327,996 shares during the last quarter. Hamilton Capital LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $72,373,000. Bank of New York Mellon Corp increased its position in shares of JPMorgan Equity Premium Income ETF by 191.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock valued at $97,120,000 after purchasing an additional 1,122,256 shares during the last quarter. Finally, RiverFront Investment Group LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 42.1% in 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 in the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.0%

JPMorgan Equity Premium Income ETF stock opened at $58.41 on Friday. The company has a fifty day simple moving average of $57.47 and a 200-day simple moving average of $57.05. The stock has a market cap of $42.68 billion, a P/E ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 12-month low of $49.94 and a 12-month high of $59.73.

About JPMorgan Equity Premium Income ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

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