Matisse Capital Buys New Holdings in JPMorgan Equity Premium Income ETF $JEPI

Matisse Capital purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 8,705 shares of the company’s stock, valued at approximately $497,000.

A number of other large investors also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $25,000. GHP Investment Advisors Inc. purchased a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Clarity Asset Management Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. Pin Oak Investment Advisors Inc. increased its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% in the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after acquiring an additional 212 shares during the last quarter. Finally, Asset Dedication LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $28,000.

JPMorgan Equity Premium Income ETF Stock Down 0.0%

JEPI stock opened at $58.41 on Tuesday. The business has a 50 day moving average price of $57.50 and a 200 day moving average price of $57.06. The stock has a market cap of $42.68 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73.

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.