JPMorgan Equity Premium Income ETF Sees $232 Million Inflow

In recent updates regarding week-over-week changes in shares outstanding among ETFs, one notable highlight is the JPMorgan Equity Premium Income ETF (Symbol: JEPI). The ETF experienced an inflow of approximately $232.2 million, leading to a 0.6% increase in outstanding units from 705,100,000 to 709,225,000.

Performance of Notable Holdings

Among JEPI’s largest underlying components, today’s trading shows Mastercard Inc (Symbol: MA) down around 0.6%, while Trane Technologies plc (Symbol: TT) is slightly up by about 0.3%. The Southern Company (Symbol: SO) is experiencing a decline of about 0.7%.

Price Performance Overview

The chart below illustrates the one-year price performance of JEPI in comparison to its 200-day moving average:

JEPI’s 52-week trading range has seen a low of $49.94 per share and a high of $60.88, with its latest trading price at $56.17. Analyzing the current share price against the 200-day moving average can provide useful insights into its technical performance.

Exchange-Traded Funds Overview

Exchange-traded funds (ETFs) operate similarly to stocks, but investors trade in “units” rather than “shares.” These units can be bought or sold in the market, and they can also be created or destroyed based on investor interest. Each week, we monitor the changes in shares outstanding to identify ETFs with significant inflows or outflows. A creation of new units requires purchasing the underlying holdings, while a destruction of units indicates selling held assets, both of which can influence the ETF’s components.

Click here to explore which 9 other ETFs experienced notable inflows.

Also See:

• Top Stocks Held By Ken Fisher
• AMP Shares Outstanding History
• Top Ten Hedge Funds Holding JNK

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.