384,033 Shares in JPMorgan Equity Premium Income ETF $JEPI Acquired by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 384,033 shares of the company’s stock, valued at approximately $21,590,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock valued at $638,942,000 after acquiring an additional 146,792 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of JPMorgan Equity Premium Income ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock worth $474,201,000 after acquiring an additional 449,485 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of JPMorgan Equity Premium Income ETF by 10.0% during the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock worth $344,828,000 after acquiring an additional 553,011 shares in the last quarter. Cornerstone Advisory LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 3.5% during the first quarter. Cornerstone Advisory LLC now owns 2,030,560 shares of the company’s stock worth $115,092,000 after acquiring an additional 68,589 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 16.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,929,732 shares of the company’s stock valued at $109,377,000 after buying an additional 278,868 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.4%

NYSEARCA JEPI opened at $57.08 on Tuesday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The company has a 50 day moving average price of $56.96 and a two-hundred day moving average price of $57.19. The stock has a market capitalization of $45.76 billion, a PE ratio of 23.93 and a beta of 0.53.

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.