JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Hunter Associates Investment Management LLC

Hunter Associates Investment Management LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 24.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 157,419 shares of the company’s stock after acquiring an additional 30,970 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 1.2% of Hunter Associates Investment Management LLC’s portfolio, making the stock its 19th largest position. Hunter Associates Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,914,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of JEPI. Morgan Stanley boosted its holdings in JPMorgan Equity Premium Income ETF by 0.6% in the fourth quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after purchasing an additional 261,872 shares during the period. Bank of America Corp DE grew its stake in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares in the last quarter. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after purchasing an additional 825,889 shares during the period. Nationwide Fund Advisors increased its holdings in JPMorgan Equity Premium Income ETF by 0.7% during the 4th quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after purchasing an additional 51,190 shares during the period. Finally, Cetera Investment Advisers raised its position in JPMorgan Equity Premium Income ETF by 7.2% in the 4th quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock valued at $316,581,000 after purchasing an additional 370,330 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.71 on Friday. The business’s 50-day moving average is $56.20 and its two-hundred day moving average is $57.35. The firm has a market capitalization of $44.96 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 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.