Sterling Manor Financial LLC bought a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 12,291 shares of the company’s stock, valued at approximately $691,000. JPMorgan Equity Premium Income ETF accounts for approximately 0.4% of Sterling Manor Financial LLC’s investment portfolio, making the stock its 23rd largest position.
Several other institutional investors have also made changes to their positions in JEPI. NBH Bank purchased a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at approximately $27,000. Advocate Investing Services LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $28,000. Olistico Wealth LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $35,000. Provenance Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $42,000. Finally, Dynamic Wealth Strategies LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $51,000.
JPMorgan Equity Premium Income ETF Stock Up 0.0%
Shares of NYSEARCA:JEPI traded up $0.01 during trading on Wednesday, reaching $57.38. 1,636,189 shares of the company traded hands, compared to its average volume of 5,107,968. The firm has a fifty day simple moving average of $57.01 and a 200 day simple moving average of $56.76. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The firm has a market cap of $46.01 billion, a P/E ratio of 23.93 and a beta of 0.53.
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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