Bouchey Financial Group Ltd. Has $31.12 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Bouchey Financial Group Ltd. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 4.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 551,039 shares of the company’s stock after acquiring an additional 21,656 shares during the period. JPMorgan Equity Premium Income ETF makes up about 2.0% of Bouchey Financial Group Ltd.’s investment portfolio, making the stock its 17th largest holding. Bouchey Financial Group Ltd. owned about 0.07% of JPMorgan Equity Premium Income ETF worth $31,123,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Morgan Stanley raised its stake in shares of JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Morgan Stanley now owns 47,234,309 shares of the company’s stock valued at $2,703,692,000 after purchasing an additional 261,872 shares during the period. Bank of America Corp DE boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Royal Bank of Canada grew 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 buying an additional 449,485 shares in the last quarter. Raymond James Financial Inc. grew its holdings in shares of 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. Finally, Cetera Investment Advisers raised its position in JPMorgan Equity Premium Income ETF by 10.0% in the 1st quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after buying an additional 553,011 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.54 on Thursday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The stock’s 50 day moving average price is $57.25 and its two-hundred day moving average price is $57.00. The stock has a market capitalization of $45.10 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.

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.