Quadrature Capital Ltd Buys New Position in JPMorgan Equity Premium Income ETF $JEPI

Quadrature Capital Ltd bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 42,916 shares of the company’s stock, valued at approximately $2,438,000.

A number of other large investors also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 387,324.3% in the second quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock worth $22,736,908,000 after acquiring an additional 401,771,477 shares during the last quarter. JPMorgan Chase & Co. raised its stake in JPMorgan Equity Premium Income ETF by 35.9% during the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after purchasing an additional 7,443,750 shares during the last quarter. Nationwide Fund Advisors bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $396,998,000. Envestnet Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 17.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock worth $508,201,000 after purchasing an additional 1,327,996 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in JPMorgan Equity Premium Income ETF by 191.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock worth $97,120,000 after purchasing an additional 1,122,256 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $57.91 on Friday. The firm’s 50-day moving average is $56.88 and its 200-day moving average is $56.64. The company has a market cap of $41.45 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88.

JPMorgan Equity Premium Income ETF 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.