JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 10.0% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,083,774 shares of the company’s stock after purchasing an additional 553,011 shares during the period. Cetera Investment Advisers’ holdings in JPMorgan Equity Premium Income ETF were worth $344,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. Wealthspire Retirement LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 4.4% during the 1st quarter. Wealthspire Retirement LLC now owns 196,812 shares of the company’s stock worth $11,155,000 after buying an additional 8,375 shares during the last quarter. Dynamic Wealth Strategies LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $51,000. NewEdge Wealth LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 11.5% during the first quarter. NewEdge Wealth LLC now owns 75,224 shares of the company’s stock worth $4,264,000 after acquiring an additional 7,782 shares during the last quarter. Millennium Capital Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 1.3% in the 1st quarter. Millennium Capital Advisors LLC now owns 22,464 shares of the company’s stock valued at $1,273,000 after purchasing an additional 283 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its stake in JPMorgan Equity Premium Income ETF by 16.9% in the first quarter. PNC Financial Services Group Inc. now owns 1,929,732 shares of the company’s stock valued at $109,377,000 after purchasing an additional 278,868 shares during the period.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

JEPI opened at $56.65 on Thursday. The company has a market cap of $45.20 billion, a PE ratio of 23.93 and a beta of 0.54. The business has a 50 day moving average price of $56.19 and a two-hundred day moving average price of $57.25. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.