Keeler Thomas Management LLC Takes $2.88 Million Position in JPMorgan Equity Premium Income ETF $JEPI

Keeler Thomas Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, HoldingsChannel reports. The institutional investor bought 51,005 shares of the company’s stock, valued at approximately $2,881,000. JPMorgan Equity Premium Income ETF accounts for approximately 1.0% of Keeler Thomas Management LLC’s investment portfolio, making the stock its 25th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Rice Partnership LLC grew its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares in the last quarter. Providence Capital Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $26,000. Advocate Investing Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the first quarter worth about $28,000. Monetary Solutions Ltd purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $30,000. Finally, BTG Pactual Asset Management US LLC purchased a new position in JPMorgan Equity Premium Income ETF in the second quarter valued at about $31,000.

JPMorgan Equity Premium Income ETF Trading Down 0.5%

JPMorgan Equity Premium Income ETF stock opened at $57.50 on Tuesday. 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 cap of $45.86 billion, a P/E ratio of 23.93 and a beta of 0.53. The stock has a 50 day moving average of $57.12 and a 200-day moving average of $57.11.

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.