304,894 Shares in JPMorgan Equity Premium Income ETF $JEPI Purchased by Americana Partners LLC

Americana Partners LLC purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, HoldingsChannel reports. The firm purchased 304,894 shares of the company’s stock, valued at approximately $17,333,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JEPI. Kingstone Capital Partners Texas LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 387,324.3% during the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after acquiring an additional 401,771,477 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock worth $1,609,887,000 after acquiring an additional 7,443,750 shares during the period. Nationwide Fund Advisors bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $396,998,000. Envestnet Asset Management Inc. boosted its stake in JPMorgan Equity Premium Income ETF by 17.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after purchasing an additional 1,327,996 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in JPMorgan Equity Premium Income ETF by 191.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock valued at $97,120,000 after purchasing an additional 1,122,256 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.4%

JEPI opened at $56.45 on Monday. The business’s 50 day moving average is $56.87 and its 200-day moving average is $56.50. The stock has a market cap of $40.41 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month 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.