JPMorgan Equity Premium Income ETF $JEPI Stock: Financial Futures Ltd Liability Co. Grows Stake

Financial Futures Ltd Liability Co. grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 283,765 shares of the company’s stock after acquiring an additional 21,167 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 5.9% of Financial Futures Ltd Liability Co.’s investment portfolio, making the stock its 4th biggest position. Financial Futures Ltd Liability Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $15,953,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of JEPI. NBH Bank bought a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at about $27,000. Advocate Investing Services LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth approximately $28,000. Monetary Solutions Ltd bought a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $30,000. Olistico Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the third quarter worth approximately $35,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI traded down $0.12 during midday trading on Tuesday, reaching $56.84. The company’s stock had a trading volume of 2,084,983 shares, compared to its average volume of 5,132,654. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week high of $59.90. The business’s 50 day moving average price is $57.07 and its two-hundred day moving average price is $56.72. The company has a market cap of $45.79 billion, a P/E ratio of 23.93 and a beta of 0.53.

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.