D.A. Davidson & CO. Raises Holdings in JPMorgan Equity Premium Income ETF $JEPI

D.A. Davidson & CO. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 277,848 shares of the company’s stock after acquiring an additional 20,759 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Equity Premium Income ETF were worth $15,748,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Crewe Advisors LLC raised its stake in JPMorgan Equity Premium Income ETF by 32.9% in the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares during the last quarter. Capital Investment Advisory Services LLC grew its stake in JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock valued at $12,920,000 after purchasing an additional 55,610 shares during the last quarter. Cyndeo Wealth Partners LLC grew its stake in JPMorgan Equity Premium Income ETF by 90.4% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after purchasing an additional 12,790 shares during the last quarter. Apella Capital LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.8% in the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after purchasing an additional 9,499 shares during the period. Finally, Leo Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $757,000.

JPMorgan Equity Premium Income ETF Stock Up 0.6%

JPMorgan Equity Premium Income ETF stock opened at $56.98 on Friday. The stock has a 50-day moving average price of $56.15 and a 200 day moving average price of $57.28. The company has a market capitalization of $45.36 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.