Farther Finance Advisors LLC Grows Holdings in JPMorgan Equity Premium Income ETF $JEPI

Farther Finance Advisors LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 519.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 337,987 shares of the company’s stock after buying an additional 283,389 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $19,346,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Bank of America Corp DE lifted its position in JPMorgan Equity Premium Income ETF by 2.1% in the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in JPMorgan Equity Premium Income ETF by 5.5% in the third quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after buying an additional 493,639 shares during the last quarter. Raymond James Financial Inc. lifted its position in JPMorgan Equity Premium Income ETF by 2.8% in the third quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after buying an additional 201,202 shares during the last quarter. Nationwide Fund Advisors lifted its position in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after buying an additional 51,190 shares during the last quarter. Finally, MML Investors Services LLC lifted its position in JPMorgan Equity Premium Income ETF by 5.0% in the second quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock worth $190,893,000 after buying an additional 158,645 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.0%

Shares of JEPI opened at $57.84 on Wednesday. The company has a market cap of $45.15 billion, a PE ratio of 23.93 and a beta of 0.58. The business has a fifty day moving average of $57.97 and a 200 day moving average of $57.60. JPMorgan Equity Premium Income ETF has a 52-week low of $52.16 and a 52-week high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.