Means Investment CO. Inc. decreased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 97.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 29,346 shares of the company’s stock after selling 985,624 shares during the period. Means Investment CO. Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $1,650,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the business. NBH Bank acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $27,000. Financial Management Professionals Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $30,000. Olistico Wealth LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $35,000. William Mack & Associates Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $37,000. Finally, Dynamic Wealth Strategies LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $51,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA JEPI opened at $56.43 on Monday. The business has a 50-day moving average of $56.85 and a 200-day moving average of $57.15. The stock has a market capitalization of $45.32 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week 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.
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