Two Sigma Securities LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 7,603 shares of the company’s stock, valued at approximately $437,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of JEPI. JPMorgan Chase & Co. lifted its position in JPMorgan Equity Premium Income ETF by 18.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 22,389,179 shares of the company’s stock worth $1,332,380,000 after buying an additional 3,536,406 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of JPMorgan Equity Premium Income ETF by 16.4% during the fourth quarter. Wells Fargo & Company MN now owns 14,555,046 shares of the company’s stock worth $837,352,000 after purchasing an additional 2,051,299 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 7.6% during the fourth quarter. Envestnet Asset Management Inc. now owns 6,836,665 shares of the company’s stock valued at $393,313,000 after purchasing an additional 484,267 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $322,301,000. Finally, Commonwealth Equity Services LLC raised its position in JPMorgan Equity Premium Income ETF by 12.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 4,124,862 shares of the company’s stock worth $237,303,000 after purchasing an additional 459,845 shares during the last quarter.
JPMorgan Equity Premium Income ETF Stock Performance
NYSEARCA:JEPI opened at $54.98 on Friday. The company has a market cap of $38.06 billion, a price-to-earnings ratio of 23.72 and a beta of 0.61. The stock’s fifty day moving average price is $56.26 and its two-hundred day moving average price is $58.11. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88.
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.
See Also
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Why Invest in 5G? How to Invest in 5G Stocks
- Markets Think Robinhood Earnings Could Send the Stock Up
- Stocks with Unusual Volume: How to Find Unusual Volume Stocks in Real Time
- Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.