Floyd Financial Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 5.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 167,328 shares of the company’s stock after acquiring an additional 9,105 shares during the period. JPMorgan Equity Premium Income ETF accounts for 6.8% of Floyd Financial Group LLC’s investment portfolio, making the stock its 3rd biggest holding. Floyd Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $9,954,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rice Partnership LLC increased its position in JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after buying an additional 249 shares during the period. Providence Capital Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $26,000. FNY Investment Advisers LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. EQ Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth $29,000. Finally, Monetary Solutions Ltd bought a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at $30,000.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI stock opened at $56.10 on Friday. The firm has a fifty day moving average of $56.51 and a 200-day moving average of $57.43. The stock has a market cap of $44.45 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.
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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