Money Concepts Capital Corp Grows Stake in JPMorgan Equity Premium Income ETF $JEPI

Money Concepts Capital Corp raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 49.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 120,253 shares of the company’s stock after purchasing an additional 39,704 shares during the period. Money Concepts Capital Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $6,816,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Crewe Advisors LLC lifted its stake in JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after acquiring an additional 9,514 shares during the period. Capital Investment Advisory Services LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 32.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after acquiring an additional 55,610 shares during the period. Cyndeo Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 90.4% in the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock worth $1,542,000 after acquiring an additional 12,790 shares during the period. Apella Capital LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.8% during the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock worth $19,913,000 after purchasing an additional 9,499 shares during the last quarter. Finally, Leo Wealth LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $757,000.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $56.63 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The company has a market capitalization of $44.98 billion, a PE ratio of 23.93 and a beta of 0.54. The company has a fifty day moving average of $56.15 and a 200 day moving average of $57.32.

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.