Heritage Oak Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the first quarter, HoldingsChannel reports. The firm purchased 12,493 shares of the company’s stock, valued at approximately $708,000.
Other institutional investors have also made changes to their positions in the company. Rice Partnership LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after acquiring an additional 249 shares during the last quarter. Providence Capital Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $26,000. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at approximately $28,000. Advocate Investing Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at approximately $28,000. Finally, EQ Wealth Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $29,000.
JPMorgan Equity Premium Income ETF Stock Down 0.6%
NYSEARCA:JEPI opened at $56.12 on Thursday. The stock’s fifty day moving average is $56.23 and its two-hundred day moving average is $57.36. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The stock has a market capitalization of $44.43 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54.
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.
Further Reading
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
