Studio Investment Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 194.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,050 shares of the company’s stock after buying an additional 35,668 shares during the period. Studio Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,053,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in JEPI. Rice Partnership LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the period. Providence Capital Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $26,000. NBH Bank purchased a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $27,000. Advocate Investing Services LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $28,000. Finally, Monetary Solutions Ltd bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $30,000.
JPMorgan Equity Premium Income ETF Price Performance
JEPI opened at $57.22 on Monday. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The business has a 50 day simple moving average of $57.21 and a two-hundred day simple moving average of $57.05. The firm has a market capitalization of $45.64 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53.
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.
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