Foresight Capital Management Advisors Inc. Makes New $3.46 Million Investment in JPMorgan Equity Premium Income ETF $JEPI

Foresight Capital Management Advisors Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 61,607 shares of the company’s stock, valued at approximately $3,464,000.

Other hedge funds have also recently bought and sold shares of the company. Legacy Private Trust Co. purchased a new position in JPMorgan Equity Premium Income ETF during the third quarter valued at approximately $2,602,000. Private Client Services LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter valued at approximately $3,694,000. Studio Investment Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 194.0% in the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock worth $3,053,000 after buying an additional 35,668 shares in the last quarter. Community Financial Services Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $6,319,000. Finally, Tucker Asset Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 42.1% in the 2nd quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock worth $1,921,000 after buying an additional 10,075 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.3%

Shares of NYSEARCA:JEPI opened at $57.23 on Wednesday. JPMorgan Equity Premium Income ETF has a 12-month low of $55.10 and a 12-month high of $59.90. The firm has a market capitalization of $45.88 billion, a P/E ratio of 23.93 and a beta of 0.53. The firm has a fifty day moving average of $56.95 and a two-hundred day moving average of $57.19.

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.