St. Clair Advisors LLC Buys 15,346 Shares of JPMorgan Equity Premium Income ETF $JEPI

St. Clair Advisors LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 279,654 shares of the company’s stock after buying an additional 15,346 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 4.2% of St. Clair Advisors LLC’s portfolio, making the stock its 5th largest holding. St. Clair Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $15,851,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of JEPI. Brighton Jones LLC acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $402,000. AQR Capital Management LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 28.1% during the 1st 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 stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $847,000. Schnieders Capital Management LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $3,093,000. Finally, First Trust Advisors LP acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $56.48 on Wednesday. The company has a market capitalization of $44.75 billion, a PE ratio of 23.93 and a beta of 0.54. The company’s fifty day moving average price is $56.26 and its 200 day moving average price is $57.37. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year 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.