Shepherd Financial Partners LLC acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor acquired 18,266 shares of the company’s stock, valued at approximately $1,027,000.
A number of other institutional investors have also modified their holdings of the company. NBH Bank acquired a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $27,000. Financial Management Professionals Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $30,000. Olistico Wealth LLC acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $35,000. William Mack & Associates Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $37,000. Finally, Dynamic Wealth Strategies LLC acquired a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at approximately $51,000.
JPMorgan Equity Premium Income ETF Price Performance
JEPI opened at $56.43 on Monday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The company has a 50 day moving average of $56.85 and a two-hundred day moving average of $57.15. The company has a market cap of $45.32 billion, a P/E ratio of 23.93 and a beta of 0.52.
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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