Allworth Financial LP Acquires 58,356 Shares of JPMorgan Equity Premium Income ETF $JEPI

Allworth Financial LP raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.5% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 1,352,162 shares of the company’s stock after purchasing an additional 58,356 shares during the period. Allworth Financial LP owned approximately 0.17% of JPMorgan Equity Premium Income ETF worth $76,370,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in shares of 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 in the last quarter. Bank of America Corp DE grew its holdings in JPMorgan Equity Premium Income ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares in the last quarter. Royal Bank of Canada raised its position in JPMorgan Equity Premium Income ETF by 5.7% in the 1st quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after buying an additional 449,485 shares during the last quarter. Raymond James Financial Inc. raised its position in JPMorgan Equity Premium Income ETF by 11.4% in the 4th quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock valued at $463,602,000 after buying an additional 825,889 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in JPMorgan Equity Premium Income ETF by 10.0% during the 1st quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after acquiring an additional 553,011 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI traded down $0.35 during mid-day trading on Tuesday, reaching $56.87. 4,780,045 shares of the stock were exchanged, compared to its average volume of 5,287,372. The stock has a market capitalization of $45.36 billion, a PE ratio of 23.93 and a beta of 0.53. The company has a 50 day moving average price of $57.23 and a two-hundred day moving average price of $57.04. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year 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.