Mainstream Capital Management LLC raised its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 39,886 shares of the company’s stock after acquiring an additional 2,336 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.6% of Mainstream Capital Management LLC’s holdings, making the stock its 11th biggest position. Mainstream Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,295,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after purchasing an additional 3,536,406 shares in the last quarter. HighTower Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 2.4% during the 3rd quarter. HighTower Advisors LLC now owns 3,573,526 shares of the company’s stock worth $212,643,000 after acquiring an additional 83,858 shares in the last quarter. MML Investors Services LLC increased its holdings in JPMorgan Equity Premium Income ETF by 16.9% during the 3rd quarter. MML Investors Services LLC now owns 2,610,159 shares of the company’s stock worth $155,331,000 after purchasing an additional 376,400 shares during the last quarter. Stifel Financial Corp increased its holdings in JPMorgan Equity Premium Income ETF by 7.0% during the 3rd quarter. Stifel Financial Corp now owns 2,088,400 shares of the company’s stock worth $124,281,000 after purchasing an additional 136,138 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in JPMorgan Equity Premium Income ETF by 28.0% during the 3rd quarter. LPL Financial LLC now owns 1,900,243 shares of the company’s stock worth $113,083,000 after purchasing an additional 416,013 shares during the last quarter.
JPMorgan Equity Premium Income ETF Trading Down 1.2 %
Shares of NYSEARCA JEPI opened at $58.69 on Tuesday. JPMorgan Equity Premium Income ETF has a twelve month low of $54.77 and a twelve month high of $60.88. The company has a market capitalization of $39.23 billion, a price-to-earnings ratio of 25.75 and a beta of 0.61. The business has a 50 day simple moving average of $58.65 and a 200-day simple moving average of $58.97.
JPMorgan Equity Premium Income ETF 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.
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