JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,114,467 shares of the company’s stock after acquiring an additional 152,932 shares during the period. JPMorgan Equity Premium Income ETF makes up about 5.0% of Confluence Wealth Services Inc.’s portfolio, making the stock its 4th biggest position. Confluence Wealth Services Inc. owned about 0.29% of JPMorgan Equity Premium Income ETF worth $121,032,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in JEPI. Tcfg Wealth Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 3,843.5% in the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after purchasing an additional 810,739 shares during the period. Bank of America Corp DE lifted its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after purchasing an additional 690,960 shares during the period. Raymond James Financial Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 9.9% in the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock valued at $402,053,000 after purchasing an additional 636,586 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of JPMorgan Equity Premium Income ETF by 40.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock valued at $115,436,000 after purchasing an additional 581,218 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after purchasing an additional 493,639 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $57.30 on Thursday. The firm has a fifty day moving average price of $57.82 and a 200 day moving average price of $57.62. The stock has a market cap of $44.96 billion, a P/E ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a 1 year low of $54.08 and a 1 year 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.