JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,800,288 shares of the company’s stock after buying an additional 107,684 shares during the period. Janney Montgomery Scott LLC owned approximately 0.36% of JPMorgan Equity Premium Income ETF worth $158,720,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of JEPI. Brighton Jones LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the 4th quarter valued at $402,000. AQR Capital Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $847,000. Schnieders Capital Management LLC. acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $3,093,000. Finally, First Trust Advisors LP acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.16 on Friday. The firm’s fifty day moving average is $56.31 and its two-hundred day moving average is $57.38. The firm has a market cap of $44.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one 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.