Janney Montgomery Scott LLC Purchases 36,106 Shares of JPMorgan Equity Premium Income ETF $JEPI

Janney Montgomery Scott LLC lifted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,692,604 shares of the company’s stock after purchasing an additional 36,106 shares during the period. Janney Montgomery Scott LLC owned about 0.37% of JPMorgan Equity Premium Income ETF worth $154,125,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Tcfg Wealth Management LLC boosted its position 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 boosted its position in JPMorgan Equity Premium Income ETF by 24.0% during the fourth quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock valued at $217,778,000 after purchasing an additional 737,043 shares in the last quarter. Bank of America Corp DE grew its stake in JPMorgan Equity Premium Income ETF by 2.1% in the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after purchasing an additional 690,960 shares during the last quarter. Raymond James Financial Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 9.9% in the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after purchasing an additional 636,586 shares in the last quarter. Finally, New York Life Investment Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 191.9% during the fourth quarter. New York Life Investment Management LLC now owns 727,039 shares of the company’s stock valued at $41,616,000 after buying an additional 477,935 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $55.29 on Thursday. The company’s 50-day simple moving average is $56.56 and its 200-day simple moving average is $57.49. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The stock has a market capitalization of $43.81 billion, a P/E ratio of 23.93 and a beta of 0.54.

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.