JPMorgan Equity Premium Income ETF $JEPI Shares Bought by Investment Partners Asset Management Inc.

Investment Partners Asset Management Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,990 shares of the company’s stock after acquiring an additional 17,332 shares during the period. JPMorgan Equity Premium Income ETF accounts for about 3.7% of Investment Partners Asset Management Inc.’s investment portfolio, making the stock its 3rd largest position. Investment Partners Asset Management Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,010,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC acquired a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $402,000. AQR Capital Management LLC raised its stake in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at $847,000. Schnieders Capital Management LLC. acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $3,093,000. Finally, XTX Topco Ltd purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $405,000.

JPMorgan Equity Premium Income ETF Stock Up 1.9%

JEPI stock opened at $56.68 on Wednesday. The company has a market cap of $41.77 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The business has a fifty day simple moving average of $58.24 and a 200-day simple moving average of $57.58. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.90.

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.