Financial Futures Ltd Liability Co. grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 13.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 244,082 shares of the company’s stock after acquiring an additional 28,881 shares during the period. JPMorgan Equity Premium Income ETF makes up 6.1% of Financial Futures Ltd Liability Co.’s portfolio, making the stock its 5th biggest holding. Financial Futures Ltd Liability Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $13,835,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Walled Lake Planning & Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 6,449 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares during the period. Wealth Effects LLC grew its position in JPMorgan Equity Premium Income ETF by 0.6% in the 4th quarter. Wealth Effects LLC now owns 31,606 shares of the company’s stock valued at $1,809,000 after acquiring an additional 173 shares in the last quarter. WESPAC Advisors SoCal LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.3% during the fourth quarter. WESPAC Advisors SoCal LLC now owns 4,178 shares of the company’s stock worth $239,000 after purchasing an additional 174 shares during the period. Aspen Wealth Strategies LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.5% during the fourth quarter. Aspen Wealth Strategies LLC now owns 4,044 shares of the company’s stock worth $231,000 after purchasing an additional 174 shares during the period. Finally, Morey & Quinn Wealth Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 4.9% during the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 3,722 shares of the company’s stock worth $213,000 after purchasing an additional 175 shares during the period.
JPMorgan Equity Premium Income ETF Stock Performance
Shares of JEPI opened at $56.16 on Friday. The company’s 50-day simple moving average is $56.31 and its 200-day simple moving average is $57.38. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a market capitalization of $44.50 billion, a PE ratio of 23.93 and a beta of 0.54.
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.
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