JPMorgan Overthrows JPMorgan for Crown of Largest Actively Managed ETF
- JEPI’s assets reach $24.7 billion, narrowly overtaking JPST
- Stock, bond ETFs both benefited on cross-asset hunt-for-income
JPMorgan headquarters in New York.
Photographer: Johannes Eisele/AFP/Getty Images
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JPMorgan has unseated itself for the title of largest actively managed exchange-traded fund in the $7 trillion arena.
A $101 million inflow on Monday boosted assets in the JPMorgan Equity Premium Income ETF (ticker JEPI) to $24.7 billion, data compiled by Bloomberg show. That influx finally vaulted JEPI past the $24.6 billion JPMorgan Ultra-Short Income ETF (JPST), which previously held the crown of biggest active ETF.