Chicago Partners Investment Group LLC Buys 41,892 Shares of JPMorgan Equity Premium Income ETF $JEPI

Chicago Partners Investment Group LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 362,648 shares of the company’s stock after acquiring an additional 41,892 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $21,171,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Bank of America Corp DE grew its stake 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 purchasing an additional 690,960 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.5% during the third quarter. Envestnet Asset Management Inc. now owns 9,432,964 shares of the company’s stock valued at $538,622,000 after purchasing an additional 493,639 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 2.8% during the third quarter. Raymond James Financial Inc. now owns 7,273,381 shares of the company’s stock valued at $415,310,000 after purchasing an additional 201,202 shares during the last quarter. Nationwide Fund Advisors grew its stake in shares of JPMorgan Equity Premium Income ETF by 0.7% during the fourth quarter. Nationwide Fund Advisors now owns 7,089,908 shares of the company’s stock valued at $405,826,000 after purchasing an additional 51,190 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 5.0% during the second quarter. MML Investors Services LLC now owns 3,357,833 shares of the company’s stock valued at $190,893,000 after purchasing an additional 158,645 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $57.59 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $54.24 and a one year high of $59.90. The company’s 50 day simple moving average is $57.79 and its 200-day simple moving average is $57.62. The stock has a market capitalization of $45.19 billion, a P/E ratio of 23.93 and a beta of 0.58.

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