Lynx Capital Group Ltd. ADV bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,000 shares of the company’s stock, valued at approximately $562,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its position in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock worth $638,942,000 after buying an additional 146,792 shares during the last quarter. Royal Bank of Canada boosted its stake in JPMorgan Equity Premium Income ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after buying an additional 449,485 shares during the period. Cetera Investment Advisers increased its position in JPMorgan Equity Premium Income ETF by 10.0% during the first 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 during the last quarter. Commonwealth Equity Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at $197,781,000. Finally, Kestra Advisory Services LLC increased its position in JPMorgan Equity Premium Income ETF by 0.6% during the third quarter. Kestra Advisory Services LLC now owns 2,048,222 shares of the company’s stock valued at $115,151,000 after acquiring an additional 11,573 shares during the last quarter.
JPMorgan Equity Premium Income ETF Trading Up 0.1%
Shares of JEPI opened at $57.66 on Wednesday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The company has a market cap of $46.24 billion, a P/E ratio of 23.93 and a beta of 0.52. The company’s fifty day simple moving average is $56.85 and its 200-day simple moving average is $57.15.
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.
See Also
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Why Kinder Morgan’s Chairman Just Bought $15 Million in Stock
- Rocket Lab’s Record Backlog Could Fuel a Rebound, But Neutron Raises the Stakes
- Don’t Let Their Low Yields Fool You: 3 Dividend Stocks Worth Watching
- A $4 Billion Jolt: NRG Energy Powers Data Center Ambitions
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.
