JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stake Increased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 225,877 shares of the company’s stock after purchasing an additional 57,172 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $12,995,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Frank Rimerman Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $582,000. Montis Financial LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 7.9% during the fourth quarter. Montis Financial LLC now owns 101,284 shares of the company’s stock worth $5,827,000 after acquiring an additional 7,414 shares in the last quarter. J. L. Bainbridge & Co. Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 24.9% during the fourth quarter. J. L. Bainbridge & Co. Inc. now owns 5,318 shares of the company’s stock worth $306,000 after acquiring an additional 1,061 shares in the last quarter. Kestra Advisory Services LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 21.5% during the fourth quarter. Kestra Advisory Services LLC now owns 1,321,467 shares of the company’s stock worth $76,024,000 after acquiring an additional 233,502 shares in the last quarter. Finally, Hilton Capital Management LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 10,733.3% during the fourth quarter. Hilton Capital Management LLC now owns 520,541 shares of the company’s stock worth $29,947,000 after acquiring an additional 515,736 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 1.4 %

Shares of NYSEARCA:JEPI opened at $56.96 on Monday. JPMorgan Equity Premium Income ETF has a 1 year low of $54.77 and a 1 year high of $60.88. The business has a fifty day simple moving average of $58.51 and a 200 day simple moving average of $58.93. The firm has a market cap of $38.94 billion, a price-to-earnings ratio of 24.79 and a beta of 0.61.

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.