Leelyn Smith LLC Buys 98,133 Shares of JPMorgan Equity Premium Income ETF $JEPI

Leelyn Smith LLC raised its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 445.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 120,173 shares of the company’s stock after purchasing an additional 98,133 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 1.0% of Leelyn Smith LLC’s holdings, making the stock its 26th biggest holding. Leelyn Smith LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $6,811,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Morgan Stanley lifted its position 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 worth $2,703,692,000 after purchasing an additional 261,872 shares during the period. Bank of America Corp DE increased 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 valued at $1,897,209,000 after buying an additional 690,960 shares during the period. Raymond James Financial Inc. increased its position 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 valued at $463,602,000 after buying an additional 825,889 shares during the period. Nationwide Fund Advisors raised its stake in JPMorgan Equity Premium Income ETF by 0.7% in the fourth quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock worth $405,826,000 after buying an additional 51,190 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in JPMorgan Equity Premium Income ETF by 7.2% in the fourth quarter. Cetera Investment Advisers now owns 5,530,763 shares of the company’s stock worth $316,581,000 after buying an additional 370,330 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.71 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The company has a 50-day simple moving average of $56.20 and a two-hundred day simple moving average of $57.35. The firm has a market capitalization of $44.90 billion, a PE ratio of 23.93 and a beta of 0.54.

About JPMorgan Equity Premium Income ETF

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.