12,291 Shares of JPMorgan Equity Premium Income ETF $JEPI Purchased by Sterling Manor Financial LLC

Sterling Manor Financial LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 12,291 shares of the company’s stock, valued at approximately $691,000. JPMorgan Equity Premium Income ETF makes up about 0.4% of Sterling Manor Financial LLC’s portfolio, making the stock its 23rd largest position.

Several other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 1.3% in the second quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock worth $638,942,000 after buying an additional 146,792 shares during the last quarter. Royal Bank of Canada lifted its stake in JPMorgan Equity Premium Income ETF by 5.7% in the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after acquiring an additional 449,485 shares during the last quarter. Cetera Investment Advisers lifted its stake in JPMorgan Equity Premium Income ETF by 10.0% in the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after acquiring an additional 553,011 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in JPMorgan Equity Premium Income ETF by 4.0% in the first quarter. Janney Montgomery Scott LLC now owns 2,800,288 shares of the company’s stock valued at $158,720,000 after acquiring an additional 107,684 shares during the last quarter. Finally, Cornerstone Advisory LLC grew its position in JPMorgan Equity Premium Income ETF by 3.5% in the first quarter. Cornerstone Advisory LLC now owns 2,030,560 shares of the company’s stock worth $115,092,000 after acquiring an additional 68,589 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.0%

Shares of JEPI traded up $0.01 during mid-day trading on Wednesday, hitting $57.38. 1,636,189 shares of the company’s stock were exchanged, compared to its average volume of 5,107,968. The stock has a market cap of $46.01 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The firm has a fifty day moving average of $57.01 and a two-hundred day moving average of $56.76. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.

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.