JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Houlihan Financial Resource Group Ltd.

Houlihan Financial Resource Group Ltd. lifted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 431.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,080 shares of the company’s stock after acquiring an additional 33,355 shares during the quarter. Houlihan Financial Resource Group Ltd.’s holdings in JPMorgan Equity Premium Income ETF were worth $2,377,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in JEPI. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $402,000. AQR Capital Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after buying an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $847,000. Schnieders Capital Management LLC. bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $3,093,000. Finally, First Trust Advisors LP bought a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.20 on Friday. The stock has a market capitalization of $44.53 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The company has a 50 day moving average price of $56.70 and a 200 day moving average price of $57.55.

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.