NewEdge Advisors LLC Has $14.47 Million Stock Holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

NewEdge Advisors LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 251,457 shares of the company’s stock after purchasing an additional 19,332 shares during the quarter. NewEdge Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,466,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Bank of Jackson Hole Trust acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $28,000. Duncker Streett & Co. Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $28,000. Ulland Investment Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at $31,000. Creative Capital Management Investments LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $32,000. Finally, Crowley Wealth Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth $32,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $53.61 on Thursday. The business has a fifty day moving average of $56.98 and a 200-day moving average of $58.36. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $60.88. The firm has a market cap of $37.01 billion, a PE ratio of 24.88 and a beta of 0.61.

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.