26,704 Shares in JPMorgan Equity Premium Income ETF $JEPI Purchased by DB&C Advisors LLC

DB&C Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, HoldingsChannel reports. The firm acquired 26,704 shares of the company’s stock, valued at approximately $1,529,000. JPMorgan Equity Premium Income ETF accounts for approximately 1.9% of DB&C Advisors LLC’s holdings, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $402,000. AQR Capital Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 28.1% in the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after buying an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $847,000. Schnieders Capital Management LLC. acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $3,093,000. Finally, First Trust Advisors LP acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $529,000.

JPMorgan Equity Premium Income ETF Trading Down 0.3%

Shares of NYSEARCA:JEPI opened at $55.52 on Friday. The stock’s 50-day moving average price is $56.57 and its two-hundred day moving average price is $57.49. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The firm has a market cap of $43.99 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.

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.