JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Channel Wealth LLC

Channel Wealth LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 0.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 104,238 shares of the company’s stock after buying an additional 684 shares during the period. JPMorgan Equity Premium Income ETF makes up about 2.0% of Channel Wealth LLC’s investment portfolio, making the stock its 15th largest position. Channel Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,203,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JEPI. JPMorgan Chase & Co. grew its holdings in JPMorgan Equity Premium Income ETF by 3.8% during the 1st quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock valued at $1,274,807,000 after purchasing an additional 815,598 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in JPMorgan Equity Premium Income ETF by 8.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 7,104,167 shares of the company’s stock valued at $402,664,000 after buying an additional 539,682 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of JPMorgan Equity Premium Income ETF by 1.3% during the second quarter. Cetera Investment Advisers now owns 4,188,012 shares of the company’s stock valued at $237,377,000 after acquiring an additional 52,301 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF by 8.4% in the third quarter. Commonwealth Equity Services LLC now owns 3,665,017 shares of the company’s stock worth $218,105,000 after acquiring an additional 285,180 shares in the last quarter. Finally, RiverFront Investment Group LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 5.9% in the second quarter. RiverFront Investment Group LLC now owns 3,005,845 shares of the company’s stock valued at $170,371,000 after purchasing an additional 166,821 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI stock opened at $59.67 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $53.33 and a 1 year high of $59.97. The stock’s fifty day moving average is $59.04 and its two-hundred day moving average is $57.53. The stock has a market capitalization of $35.01 billion, a price-to-earnings ratio of 24.40 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.