JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is Magnus Financial Group LLC’s 4th Largest Position

Magnus Financial Group LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 581,645 shares of the company’s stock after purchasing an additional 10,133 shares during the period. JPMorgan Equity Premium Income ETF comprises 4.2% of Magnus Financial Group LLC’s holdings, making the stock its 4th largest position. Magnus Financial Group LLC owned approximately 0.11% of JPMorgan Equity Premium Income ETF worth $31,979,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JEPI. Perritt Capital Management Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 44.4% in the third quarter. Perritt Capital Management Inc. now owns 650 shares of the company’s stock valued at $35,000 after purchasing an additional 200 shares during the last quarter. Albion Financial Group UT lifted its position in shares of JPMorgan Equity Premium Income ETF by 8,375.0% during the 3rd quarter. Albion Financial Group UT now owns 678 shares of the company’s stock valued at $36,000 after buying an additional 670 shares during the last quarter. Capital Advisors Ltd. LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 79.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 658 shares of the company’s stock worth $36,000 after acquiring an additional 291 shares during the period. BOK Financial Private Wealth Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 400.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 750 shares of the company’s stock worth $42,000 after acquiring an additional 600 shares during the period. Finally, Roble Belko & Company Inc purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI traded up $0.17 during trading on Friday, hitting $56.28. 2,284,349 shares of the company’s stock traded hands, compared to its average volume of 3,569,882. The stock has a market capitalization of $32.97 billion, a price-to-earnings ratio of 24.51 and a beta of 0.54. The business has a 50 day moving average of $56.83 and a 200-day moving average of $55.41. JPMorgan Equity Premium Income ETF has a 12-month low of $51.38 and a 12-month high of $57.94.

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.