35,964 Shares in JPMorgan Equity Premium Income ETF $JEPI Bought by Ruggiero Investments Inc.

Ruggiero Investments Inc. bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 35,964 shares of the company’s stock, valued at approximately $2,059,000. JPMorgan Equity Premium Income ETF makes up about 1.9% of Ruggiero Investments Inc.’s investment portfolio, making the stock its 14th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rice Partnership LLC grew its stake in JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $28,000. EQ Wealth Advisors LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $29,000. BTG Pactual Asset Management US LLC acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $31,000. Finally, Logan Capital Management Inc. acquired a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter worth $33,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $55.80 on Friday. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market capitalization of $44.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The business has a fifty day moving average price of $56.54 and a 200 day moving average price of $57.48.

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.