D.A. Davidson & CO. raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 257,089 shares of the company’s stock after buying an additional 26,425 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Equity Premium Income ETF were worth $14,716,000 at the end of the most recent quarter.
A number of other large investors have also recently made changes to their positions in the business. Wealth Effects LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock worth $1,809,000 after buying an additional 173 shares during the last quarter. WESPAC Advisors SoCal LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 4.3% in the 4th quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after buying an additional 174 shares during the last quarter. Aspen Wealth Strategies LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 4.5% in the 4th quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after buying an additional 174 shares during the last quarter. Morey & Quinn Wealth Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 4.9% in the 4th quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after buying an additional 175 shares during the last quarter. Finally, Hurley Capital LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 2.0% in the 3rd quarter. Hurley Capital LLC now owns 9,098 shares of the company’s stock worth $519,000 after buying an additional 177 shares during the last quarter.
JPMorgan Equity Premium Income ETF Trading Down 0.5%
Shares of JEPI opened at $57.05 on Tuesday. The firm’s 50-day moving average price is $57.70 and its 200-day moving average price is $57.63. The firm has a market capitalization of $44.81 billion, a price-to-earnings ratio of 23.93 and a beta of 0.58. JPMorgan Equity Premium Income ETF has a 1-year low of $54.72 and a 1-year high of $59.90.
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.
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