New Millennium Group LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 85,515 shares of the company’s stock, valued at approximately $4,895,000. JPMorgan Equity Premium Income ETF accounts for about 2.1% of New Millennium Group LLC’s holdings, making the stock its 17th largest position.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. FNY Investment Advisers LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $28,000. EQ Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $29,000. BTG Pactual Asset Management US LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $31,000. Logan Capital Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at about $33,000. Finally, VSM Wealth Advisory LLC raised its holdings in JPMorgan Equity Premium Income ETF by 84.1% in the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after buying an additional 269 shares during the period.
JPMorgan Equity Premium Income ETF Trading Up 0.4%
Shares of JEPI opened at $56.33 on Friday. The firm has a market cap of $44.63 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 12-month low of $55.15 and a 12-month high of $59.90. The company’s 50-day moving average price is $56.79 and its 200 day moving average price is $57.55.
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.
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