Spirepoint Private Client LLC Increases Position in JPMorgan Equity Premium Income ETF $JEPI

Spirepoint Private Client LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 27.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 123,180 shares of the company’s stock after acquiring an additional 26,196 shares during the quarter. Spirepoint Private Client LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,051,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bank of America Corp DE increased its holdings in shares of JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock valued at $1,897,209,000 after acquiring an additional 690,960 shares during the period. Envestnet Asset Management Inc. grew its stake in JPMorgan Equity Premium Income ETF by 5.5% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock worth $538,622,000 after buying an additional 493,639 shares during the last quarter. Raymond James Financial Inc. grew its stake in JPMorgan Equity Premium Income ETF by 2.8% during the 3rd quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock worth $415,310,000 after buying an additional 201,202 shares during the last quarter. Nationwide Fund Advisors grew its stake in JPMorgan Equity Premium Income ETF by 0.8% during the 3rd quarter. Nationwide Fund Advisors now owns 7,038,718 shares of the company’s stock worth $401,911,000 after buying an additional 55,467 shares during the last quarter. Finally, Osaic Holdings Inc. grew its stake in JPMorgan Equity Premium Income ETF by 1.4% during the 2nd quarter. Osaic Holdings Inc. now owns 6,248,359 shares of the company’s stock worth $355,327,000 after buying an additional 85,326 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.80 on Friday. JPMorgan Equity Premium Income ETF has a 1-year low of $51.98 and a 1-year high of $59.90. The stock’s fifty day moving average price is $58.01 and its 200 day moving average price is $57.57. The company has a market cap of $44.81 billion, a price-to-earnings ratio of 23.93 and a beta of 0.59.

About JPMorgan Equity Premium Income ETF

(Free Report)

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.

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