JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.0% during the 1st quarter, HoldingsChannel reports. The firm owned 2,800,288 shares of the company’s stock after buying an additional 107,684 shares during the quarter. Janney Montgomery Scott LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $158,720,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Equitable Holdings Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after purchasing an additional 1,801,951 shares in the last quarter. Tableaux LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1,462.3% during the fourth quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock worth $86,084,000 after buying an additional 1,407,660 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in JPMorgan Equity Premium Income ETF by 11.4% during the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after buying an additional 825,889 shares in the last quarter. Tcfg Wealth Management LLC grew its position in JPMorgan Equity Premium Income ETF by 3,843.5% during the third quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock valued at $47,498,000 after buying an additional 810,739 shares during the period. Finally, SHP Wealth Management acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $42,882,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.16 on Friday. The company has a fifty day moving average of $56.31 and a two-hundred day moving average of $57.38. The stock has a market capitalization of $44.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.

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.