JPMorgan Equity Premium Income ETF $JEPI Shares Bought by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,069.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 27,182 shares of the company’s stock after purchasing an additional 24,858 shares during the period. TD Private Client Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,556,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $402,000. AQR Capital Management LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at approximately $847,000. Schnieders Capital Management LLC. bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $3,093,000. Finally, First Trust Advisors LP acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $56.08 on Wednesday. The stock has a market capitalization of $44.43 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1 year low of $55.15 and a 1 year high of $59.90. The stock’s fifty day moving average is $56.91 and its two-hundred day moving average is $57.57.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.