Crescent Grove Advisors LLC Acquires 51,231 Shares of JPMorgan Equity Premium Income ETF $JEPI

Crescent Grove Advisors LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 346.2% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 66,029 shares of the company’s stock after buying an additional 51,231 shares during the period. Crescent Grove Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,743,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Equitable Holdings Inc. raised its position in shares of JPMorgan Equity Premium Income ETF by 3,477.6% during the 4th quarter. Equitable Holdings Inc. now owns 1,853,767 shares of the company’s stock valued at $106,110,000 after buying an additional 1,801,951 shares in the last quarter. Tableaux LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 1,462.3% in the 4th quarter. Tableaux LLC now owns 1,503,922 shares of the company’s stock valued at $86,084,000 after acquiring an additional 1,407,660 shares during the last quarter. Raymond James Financial Inc. grew its position in JPMorgan Equity Premium Income ETF by 11.4% in the fourth quarter. Raymond James Financial Inc. now owns 8,099,270 shares of the company’s stock worth $463,602,000 after acquiring an additional 825,889 shares in the last quarter. SHP Wealth Management purchased a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $42,882,000. Finally, RiverFront Investment Group LLC increased its stake in JPMorgan Equity Premium Income ETF by 24.0% during the fourth quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after acquiring an additional 737,043 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $56.55 on Friday. JPMorgan Equity Premium Income ETF has a 1 year low of $55.10 and a 1 year high of $59.90. The stock’s 50 day simple moving average is $56.16 and its two-hundred day simple moving average is $57.28. The company has a market cap of $45.07 billion, a PE ratio of 23.93 and a beta of 0.54.

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.