Rooted Wealth Advisors Inc. lessened its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 19.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 181,449 shares of the company’s stock after selling 44,990 shares during the period. JPMorgan Equity Premium Income ETF comprises 2.6% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 10th largest holding. Rooted Wealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $10,480,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of JEPI. Crewe Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after buying an additional 9,514 shares during the period. Cascade Wealth Advisors Inc raised its stake in shares of JPMorgan Equity Premium Income ETF by 5.9% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock valued at $15,237,000 after purchasing an additional 14,899 shares in the last quarter. Capital Investment Advisory Services LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 32.7% during the 4th quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after buying an additional 55,610 shares during the last quarter. Cyndeo Wealth Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 90.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after purchasing an additional 12,790 shares during the period. Finally, Apella Capital LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 2.8% in the 4th quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after buying an additional 9,499 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
JEPI stock opened at $56.16 on Friday. The stock’s fifty day moving average is $56.31 and its two-hundred day moving average is $57.38. The stock has a market capitalization of $44.50 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90.
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.
Featured Stories
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
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.
