Intrua Financial LLC Has $5.98 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Intrua Financial LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 477.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 105,548 shares of the company’s stock after buying an additional 87,280 shares during the quarter. JPMorgan Equity Premium Income ETF comprises 0.6% of Intrua Financial LLC’s investment portfolio, making the stock its 28th largest holding. Intrua Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $5,982,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rice Partnership LLC lifted its position 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 valued at $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 4th quarter worth approximately $26,000. FNY Investment Advisers LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $28,000. Advocate Investing Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $28,000. Finally, EQ Wealth Advisors LLC bought a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $29,000.

JPMorgan Equity Premium Income ETF Trading Up 0.5%

NYSEARCA:JEPI opened at $56.44 on Tuesday. The firm has a market capitalization of $44.72 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. The business’s 50-day moving average price is $56.29 and its two-hundred day moving average price is $57.38.

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.