JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Purchased by Spire Wealth Management

Spire Wealth Management boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 15.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 282,296 shares of the company’s stock after buying an additional 38,643 shares during the period. Spire Wealth Management owned 0.05% of JPMorgan Equity Premium Income ETF worth $15,656,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Morgan Stanley grew its holdings in JPMorgan Equity Premium Income ETF by 12.1% in the third quarter. Morgan Stanley now owns 32,695,948 shares of the company’s stock valued at $1,751,195,000 after purchasing an additional 3,531,562 shares during the period. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 4th quarter worth $647,943,000. Royal Bank of Canada boosted its holdings in JPMorgan Equity Premium Income ETF by 15.3% in the third quarter. Royal Bank of Canada now owns 6,937,583 shares of the company’s stock valued at $371,576,000 after acquiring an additional 922,303 shares during the last quarter. UBS Group AG grew its position in JPMorgan Equity Premium Income ETF by 21.5% during the third quarter. UBS Group AG now owns 5,795,557 shares of the company’s stock valued at $310,410,000 after acquiring an additional 1,024,956 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in JPMorgan Equity Premium Income ETF by 41.5% during the third quarter. Envestnet Asset Management Inc. now owns 5,521,187 shares of the company’s stock valued at $295,715,000 after acquiring an additional 1,618,295 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.7 %

Shares of JPMorgan Equity Premium Income ETF stock traded up $0.37 during trading hours on Friday, reaching $56.06. The stock had a trading volume of 3,612,419 shares, compared to its average volume of 3,540,817. The firm has a market capitalization of $32.90 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1 year low of $51.38 and a 1 year high of $57.94. The firm has a 50 day simple moving average of $56.77 and a two-hundred day simple moving average of $55.49.

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.