MML Investors Services LLC Boosts Holdings in JPMorgan Equity Premium Income ETF $JEPI

MML Investors Services LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,063,422 shares of the company’s stock after acquiring an additional 230,264 shares during the quarter. MML Investors Services LLC owned approximately 0.42% of JPMorgan Equity Premium Income ETF worth $175,350,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in JEPI. Tcfg Wealth Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 3,843.5% during the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after acquiring an additional 810,739 shares in the last quarter. RiverFront Investment Group LLC increased its holdings in JPMorgan Equity Premium Income ETF by 24.0% during the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after acquiring an additional 737,043 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan Equity Premium Income ETF by 2.1% during the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after acquiring an additional 690,960 shares in the last quarter. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 9.9% during the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock valued at $402,053,000 after acquiring an additional 636,586 shares in the last quarter. Finally, New York Life Investment Management LLC increased its holdings in JPMorgan Equity Premium Income ETF by 191.9% during the 4th quarter. New York Life Investment Management LLC now owns 727,039 shares of the company’s stock valued at $41,616,000 after acquiring an additional 477,935 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.04 on Monday. The firm has a 50-day moving average price of $56.53 and a two-hundred day moving average price of $57.47. 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 capitalization of $44.40 billion, a P/E ratio of 23.93 and a beta of 0.54.

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.