28,886 Shares in JPMorgan Equity Premium Income ETF $JEPI Bought by Markowski Investments

Markowski Investments purchased a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 28,886 shares of the company’s stock, valued at approximately $1,631,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nottingham Advisors Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 21.6% in the 1st quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after acquiring an additional 144,966 shares in the last quarter. Janney Montgomery Scott LLC raised its position in JPMorgan Equity Premium Income ETF by 1.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 2,692,604 shares of the company’s stock worth $154,125,000 after acquiring an additional 36,106 shares during the period. Armstrong Advisory Group Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 60.7% during the second quarter. Armstrong Advisory Group Inc. now owns 75,535 shares of the company’s stock valued at $4,266,000 after purchasing an additional 28,517 shares in the last quarter. Channel Wealth LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 89.2% during the fourth quarter. Channel Wealth LLC now owns 121,746 shares of the company’s stock valued at $6,969,000 after purchasing an additional 57,394 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 13.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 1,650,864 shares of the company’s stock valued at $94,495,000 after purchasing an additional 191,240 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.4%

JEPI stock opened at $57.22 on Friday. The stock has a market capitalization of $45.64 billion, a P/E ratio of 23.93 and a beta of 0.53. The firm has a 50-day simple moving average of $57.21 and a 200-day simple moving average of $57.07. 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.