Requisite Capital Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 73.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 509,299 shares of the company’s stock after buying an additional 216,286 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 4.8% of Requisite Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Requisite Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $28,765,000 at the end of the most recent quarter.
Several other institutional investors also recently added to or reduced their stakes in the company. Nottingham Advisors Inc. lifted its position in JPMorgan Equity Premium Income ETF by 21.6% during the 1st quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after acquiring an additional 144,966 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 1.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,692,604 shares of the company’s stock valued at $154,125,000 after purchasing an additional 36,106 shares during the period. Armstrong Advisory Group Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 60.7% in the second quarter. Armstrong Advisory Group Inc. now owns 75,535 shares of the company’s stock valued at $4,266,000 after purchasing an additional 28,517 shares during the period. Channel Wealth LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 89.2% during the fourth quarter. Channel Wealth LLC now owns 121,746 shares of the company’s stock worth $6,969,000 after purchasing an additional 57,394 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of JPMorgan Equity Premium Income ETF by 13.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,650,864 shares of the company’s stock worth $94,495,000 after purchasing an additional 191,240 shares during the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA JEPI opened at $57.00 on Wednesday. The stock has a fifty day moving average price of $57.14 and a 200 day moving average price of $57.09. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The company has a market cap of $45.46 billion, a PE ratio of 23.93 and a beta of 0.53.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
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