JPMorgan Equity Premium Income ETF $JEPI Stock: Henderson Brothers Financial Partners LLC Grows Position

Henderson Brothers Financial Partners LLC boosted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.3% in the third quarter, Holdings Channel.com reports. The firm owned 84,916 shares of the company’s stock after acquiring an additional 9,330 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 1.7% of Henderson Brothers Financial Partners LLC’s portfolio, making the stock its 15th largest position. Henderson Brothers Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,774,000 at the end of the most recent reporting period.

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

JPMorgan Equity Premium Income ETF Stock Up 0.1%

JEPI stock opened at $56.43 on Friday. The stock’s 50 day moving average is $56.85 and its two-hundred day moving average is $57.15. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The company has a market capitalization of $45.32 billion, a PE ratio of 23.93 and a beta of 0.52.

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.