Resonant Capital Advisors LLC Has $10.20 Million Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Resonant Capital Advisors LLC lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 9.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 178,656 shares of the company’s stock after purchasing an additional 14,945 shares during the quarter. Resonant Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,201,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of JEPI. Nationwide Fund Advisors bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth about $396,998,000. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 17.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 8,939,325 shares of the company’s stock valued at $508,201,000 after buying an additional 1,327,996 shares in the last quarter. Hamilton Capital LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $72,373,000. Bank of New York Mellon Corp lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 191.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,708,349 shares of the company’s stock worth $97,120,000 after acquiring an additional 1,122,256 shares during the period. Finally, RiverFront Investment Group LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 42.1% during the 2nd quarter. RiverFront Investment Group LLC now owns 2,903,847 shares of the company’s stock worth $165,084,000 after acquiring an additional 859,879 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $58.41 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The stock has a market capitalization of $42.68 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The company’s 50 day simple moving average is $57.47 and its 200 day simple moving average is $57.05.

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.