JPMorgan’s JEPI ETF Sees Significant Inflow and Performance Insights
In the latest analysis of week-over-week changes in shares outstanding among ETFs, the JPMorgan Equity Premium Income ETF (Symbol: JEPI) stands out. This ETF has experienced an inflow of approximately $227.7 million, representing a 0.6% increase in outstanding units from 683,600,000 to 687,550,000. Notably, among its largest underlying components, Southern Company (Symbol: SO) rose about 1.2%, Trane Technologies plc (Symbol: TT) remained unchanged, and Yum! Brands Inc (Symbol: YUM) gained approximately 0.9%. For a detailed list of holdings, please visit the JEPI Holdings page.
The chart below illustrates the one-year price performance of JEPI compared to its 200-day moving average:
JEPI’s performance over the last year shows a low point of $54.77 per share and a high point of $60.88, with the last trade recorded at $57.71. Evaluating the recent share price alongside the 200-day moving average can provide insightsworthy for technical analysis enthusiasts—find out more about the 200-day moving average here.
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Exchange Traded Funds (ETFs) operate similarly to stocks, but rather than buying and selling “shares,” investors trade “units.” These units can be exchanged just like shares, but they can also be created or destroyed to match investor demand. Each week, we track the changes in shares outstanding to identify ETFs with significant inflows (indicating new units being created) or outflows (indicating units being destroyed). The creation of new units necessitates the purchase of the underlying holdings of the ETF, while the destruction of units involves selling those underlying holdings. Consequently, substantial inflows or outflows can influence the performance of the individual components within these ETFs.
Click here to discover which 9 other ETFs have experienced notable inflows.
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.