DAVENPORT & Co LLC Boosts Position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI)

DAVENPORT & Co LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 314,671 shares of the company’s stock after buying an additional 57,743 shares during the quarter. DAVENPORT & Co LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $18,103,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in JEPI. Salomon & Ludwin LLC purchased a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $25,000. Ulland Investment Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $31,000. Running Point Capital Advisors LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 131.2% in the third quarter. Running Point Capital Advisors LLC now owns 638 shares of the company’s stock valued at $38,000 after buying an additional 362 shares in the last quarter. Missouri Trust & Investment Co raised its holdings in shares of JPMorgan Equity Premium Income ETF by 737.2% during the 4th quarter. Missouri Trust & Investment Co now owns 720 shares of the company’s stock valued at $41,000 after buying an additional 634 shares during the period. Finally, Brown Lisle Cummings Inc. lifted its position in JPMorgan Equity Premium Income ETF by 48.0% during the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after acquiring an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3 %

Shares of NYSEARCA:JEPI opened at $58.97 on Monday. The company has a market capitalization of $34.61 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. The company has a 50 day moving average of $58.86 and a two-hundred day moving average of $58.61. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 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.