JPMorgan Equity Premium Income ETF $JEPI Stock: S&A Financial Services Inc. Grows Position

S&A Financial Services Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.4% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,414 shares of the company’s stock after purchasing an additional 12,701 shares during the quarter. JPMorgan Equity Premium Income ETF comprises about 3.7% of S&A Financial Services Inc.’s portfolio, making the stock its 8th biggest position. S&A Financial Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,039,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JEPI. Envestnet Asset Management Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 11,312,713 shares of the company’s stock worth $638,942,000 after buying an additional 146,792 shares during the period. Royal Bank of Canada increased its stake in shares of JPMorgan Equity Premium Income ETF by 5.7% during the first quarter. Royal Bank of Canada now owns 8,366,269 shares of the company’s stock valued at $474,201,000 after buying an additional 449,485 shares during the period. Cetera Investment Advisers raised its holdings in shares of JPMorgan Equity Premium Income ETF by 10.0% in the first quarter. Cetera Investment Advisers now owns 6,083,774 shares of the company’s stock valued at $344,828,000 after acquiring an additional 553,011 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $197,781,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.6% in the third quarter. Kestra Advisory Services LLC now owns 2,048,222 shares of the company’s stock valued at $115,151,000 after acquiring an additional 11,573 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

NYSEARCA:JEPI traded up $0.04 during mid-day trading on Friday, reaching $56.43. The company’s stock had a trading volume of 14,279,017 shares, compared to its average volume of 5,150,142. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock has a fifty day moving average of $56.85 and a 200-day moving average of $57.15. The firm has a market capitalization of $45.32 billion, a PE ratio of 23.93 and a beta of 0.52.

JPMorgan Equity Premium Income ETF 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.