Soltis Investment Advisors LLC Grows Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Soltis Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 77,928 shares of the company’s stock after acquiring an additional 18,152 shares during the period. Soltis Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,461,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in JEPI. Tcfg Wealth Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the third quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after purchasing an additional 810,739 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of 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 valued at $1,897,209,000 after purchasing an additional 690,960 shares during the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 9.9% in the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after acquiring an additional 636,586 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in JPMorgan Equity Premium Income ETF by 40.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock worth $115,436,000 after acquiring an additional 581,218 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 5.5% in the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after acquiring an additional 493,639 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.2%

Shares of NYSEARCA JEPI opened at $55.89 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.15 and a twelve month high of $59.90. The firm has a market cap of $44.28 billion, a P/E ratio of 23.93 and a beta of 0.56. The company has a 50 day moving average of $57.00 and a 200 day moving average of $57.58.

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.