Sovran Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 55,642 shares of the company’s stock, valued at approximately $3,199,000.
Several other large investors have also recently made changes to their positions in JEPI. AQR Capital Management LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $295,000. Alpha Financial Partners LLC grew its holdings in JPMorgan Equity Premium Income ETF by 45.5% in the third quarter. Alpha Financial Partners LLC now owns 59,653 shares of the company’s stock valued at $3,550,000 after purchasing an additional 18,662 shares during the period. Valeo Financial Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $229,000. Concourse Financial Group Securities Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 9.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 37,478 shares of the company’s stock valued at $2,230,000 after buying an additional 3,195 shares in the last quarter. Finally, Armstrong Advisory Group Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 4.6% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 33,632 shares of the company’s stock worth $2,001,000 after acquiring an additional 1,480 shares in the last quarter.
JPMorgan Equity Premium Income ETF Stock Up 0.5 %
JEPI opened at $59.09 on Tuesday. The firm’s fifty day simple moving average is $58.65 and its two-hundred day simple moving average is $58.69. JPMorgan Equity Premium Income ETF has a 52-week low of $54.77 and a 52-week high of $60.88. The company has a market cap of $34.68 billion, a price-to-earnings ratio of 24.40 and a beta of 0.53.
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.
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