NewEdge Advisors LLC Buys 16,229 Shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

NewEdge Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 7.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 229,664 shares of the company’s stock after purchasing an additional 16,229 shares during the quarter. NewEdge Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $13,017,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in JEPI. Global Assets Advisory LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5,858.1% during the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after purchasing an additional 6,061,819 shares during the last quarter. Cetera Investment Advisers lifted its stake in JPMorgan Equity Premium Income ETF by 406.2% in the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock valued at $239,292,000 after acquiring an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in JPMorgan Equity Premium Income ETF by 6,254.5% in the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock valued at $595,000 after acquiring an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in JPMorgan Equity Premium Income ETF by 3.8% in the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after acquiring an additional 815,598 shares during the last quarter. Finally, First Foundation Advisors lifted its stake in JPMorgan Equity Premium Income ETF by 91.9% in the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock valued at $69,611,000 after acquiring an additional 576,068 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $59.41 on Monday. The stock has a market cap of $34.86 billion, a P/E ratio of 24.40 and a beta of 0.53. The company has a fifty day moving average price of $57.77 and a two-hundred day moving average price of $57.06. JPMorgan Equity Premium Income ETF has a one year low of $51.38 and a one year high of $59.58.

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.