Everest Financial Group LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 19.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 268,497 shares of the company’s stock after purchasing an additional 43,725 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 2.5% of Everest Financial Group LLC’s portfolio, making the stock its 10th largest position. Everest Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,218,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of JEPI. Crewe Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 32.9% in the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares during the period. Capital Investment Advisory Services LLC increased its position 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 valued at $12,920,000 after purchasing an additional 55,610 shares during the period. Apella Capital LLC increased its position in JPMorgan Equity Premium Income ETF by 2.8% during the 4th quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after purchasing an additional 9,499 shares during the period. Leo Wealth LLC bought a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth $757,000. Finally, Decker Retirement Planning Inc. raised its holdings in JPMorgan Equity Premium Income ETF by 231.2% in the 4th quarter. Decker Retirement Planning Inc. now owns 83,279 shares of the company’s stock worth $4,767,000 after purchasing an additional 58,137 shares in the last quarter.
JPMorgan Equity Premium Income ETF Trading Up 0.7%
NYSEARCA:JEPI opened at $56.80 on Friday. The company has a 50-day moving average price of $56.22 and a 200-day moving average price of $57.24. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market cap of $45.36 billion, a price-to-earnings 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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