Sterling Investment Counsel LLC Has $27.82 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Sterling Investment Counsel LLC grew its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 486,101 shares of the company’s stock after purchasing an additional 17,699 shares during the period. JPMorgan Equity Premium Income ETF comprises about 7.9% of Sterling Investment Counsel LLC’s holdings, making the stock its 3rd largest holding. Sterling Investment Counsel LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $27,824,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in JEPI. FNY Investment Advisers LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $28,000. BTG Pactual Asset Management US LLC bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $31,000. Logan Capital Management Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth about $33,000. VSM Wealth Advisory LLC lifted its stake in JPMorgan Equity Premium Income ETF by 84.1% during the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after purchasing an additional 269 shares during the last quarter. Finally, Addison Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF during the third quarter worth about $37,000.

JPMorgan Equity Premium Income ETF Stock Up 0.3%

Shares of JEPI stock opened at $57.79 on Friday. The business has a 50-day moving average price of $57.92 and a two-hundred day moving average price of $57.61. JPMorgan Equity Premium Income ETF has a 12-month low of $52.16 and a 12-month high of $59.90. The firm has a market cap of $45.15 billion, a P/E ratio of 23.93 and a beta of 0.58.

JPMorgan Equity Premium Income ETF Company 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.