JPMorgan Equity Premium Income ETF $JEPI Shares Purchased by Focus Partners Wealth

Focus Partners Wealth increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,013,656 shares of the company’s stock after purchasing an additional 165,563 shares during the quarter. Focus Partners Wealth’s holdings in JPMorgan Equity Premium Income ETF were worth $58,140,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Rice Partnership LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the period. Providence Capital Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $26,000. FNY Investment Advisers LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $28,000. EQ Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $29,000. Finally, BTG Pactual Asset Management US LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $31,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.37 on Tuesday. The stock has a fifty day moving average price of $56.53 and a two-hundred day moving average price of $57.47. The stock has a market capitalization of $44.66 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year 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.