Forvis Mazars Wealth Advisors LLC Raises Stake in JPMorgan Equity Premium Income ETF $JEPI

Forvis Mazars Wealth Advisors LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 34.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,210 shares of the company’s stock after buying an additional 11,552 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,581,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares during the period. Envestnet Asset Management Inc. grew its position 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 buying an additional 1,327,996 shares during the period. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 9.9% in the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock valued at $402,053,000 after buying an additional 636,586 shares in the last quarter. Nationwide Fund Advisors increased its holdings in JPMorgan Equity Premium Income ETF by 0.8% in the third quarter. Nationwide Fund Advisors now owns 7,038,718 shares of the company’s stock valued at $401,911,000 after buying an additional 55,467 shares in the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 1.4% in the second quarter. Osaic Holdings Inc. now owns 6,248,359 shares of the company’s stock worth $355,327,000 after acquiring an additional 85,326 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 1.0%

JEPI stock opened at $58.19 on Thursday. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The firm has a market cap of $42.54 billion, a P/E ratio of 23.93 and a beta of 0.60. The company’s 50-day simple moving average is $57.53 and its 200-day simple moving average is $57.07.

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.