JPMorgan Equity Premium Income ETF $JEPI Stock Acquired by New York Life Investment Management LLC

New York Life Investment Management LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 1,548.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 661,625 shares of the company’s stock after buying an additional 621,500 shares during the quarter. New York Life Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $37,197,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. NBH Bank purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $27,000. Financial Management Professionals Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $30,000. Olistico Wealth LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter worth about $35,000. William Mack & Associates Inc. purchased a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $37,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $51,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $57.66 on Wednesday. The company has a market capitalization of $46.24 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52. 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 is $56.85 and its 200-day moving average is $57.15.

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.