NorthRock Partners LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 11,142 shares of the company’s stock, valued at approximately $629,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in JEPI. Rice Partnership LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the last quarter. Providence Capital Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at $26,000. NBH Bank purchased a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at $27,000. Advocate Investing Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the first quarter valued at $28,000. Finally, Monetary Solutions Ltd acquired a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $30,000.
JPMorgan Equity Premium Income ETF Stock Performance
NYSEARCA JEPI opened at $56.26 on Friday. The stock has a 50-day simple moving average of $57.24 and a two-hundred day simple moving average of $56.98. The firm has a market capitalization of $44.87 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90.
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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.
Read More
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
