22,386 Shares of JPMorgan Equity Premium Income ETF $JEPI Purchased by D Orazio & Associates Inc.

D Orazio & Associates Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, Holdings Channel reports. The firm bought 22,386 shares of the company’s stock, valued at approximately $1,259,000.

Other hedge funds have also recently modified their holdings of the company. NBH Bank purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth approximately $27,000. Financial Management Professionals Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $30,000. Olistico Wealth LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $35,000. William Mack & Associates Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth approximately $37,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at $51,000.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of JPMorgan Equity Premium Income ETF stock opened at $57.66 on Wednesday. The stock’s fifty day moving average is $56.85 and its two-hundred day moving average is $57.15. The company has a market capitalization of $46.24 billion, a PE ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

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.