Private Capital Advisors Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,385 shares of the company’s stock, valued at approximately $363,000.
Several other hedge funds have also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after purchasing an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after purchasing an additional 7,443,750 shares during the last quarter. Royal Bank of Canada raised its position in shares of JPMorgan Equity Premium Income ETF by 10.5% during the 1st quarter. Royal Bank of Canada now owns 8,119,139 shares of the company’s stock worth $463,927,000 after purchasing an additional 772,858 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 11.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock worth $434,911,000 after purchasing an additional 774,664 shares during the last quarter. Finally, Nationwide Fund Advisors acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $396,998,000.
JPMorgan Equity Premium Income ETF Trading Up 0.6%
JEPI stock opened at $57.52 on Wednesday. The company has a market cap of $41.38 billion, a price-to-earnings ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 12 month low of $49.94 and a 12 month high of $60.88. The firm has a 50-day moving average of $56.88 and a two-hundred day moving average of $56.15.
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.
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