JPMorgan Equity Premium Income ETF $JEPI Stock Holdings Boosted by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 29.5% during the third quarter, HoldingsChannel reports. The firm owned 325,834 shares of the company’s stock after purchasing an additional 74,300 shares during the quarter. Rakuten Investment Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $18,406,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of JEPI. Legacy Private Trust Co. purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth about $2,602,000. Private Client Services LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $3,694,000. Studio Investment Management LLC grew its position in JPMorgan Equity Premium Income ETF by 194.0% during the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after purchasing an additional 35,668 shares during the last quarter. Community Financial Services Group LLC purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter worth about $6,319,000. Finally, Tucker Asset Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF by 42.1% during the second quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock valued at $1,921,000 after acquiring an additional 10,075 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.7%

Shares of JEPI opened at $58.29 on Thursday. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The firm has a market cap of $46.76 billion, a PE ratio of 23.93 and a beta of 0.52. The firm has a fifty day simple moving average of $56.92 and a two-hundred day simple moving average of $57.17.

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.