Edge Financial Advisors LLC Acquires Shares of 12,607 JPMorgan Equity Premium Income ETF $JEPI

Edge Financial Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,607 shares of the company’s stock, valued at approximately $720,000.

Several other hedge funds have also bought and sold shares of JEPI. Westfuller Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 3rd quarter valued at $63,000. ERn Financial LLC increased its holdings in JPMorgan Equity Premium Income ETF by 1.4% in the third quarter. ERn Financial LLC now owns 17,405 shares of the company’s stock valued at $994,000 after buying an additional 235 shares in the last quarter. 3EDGE Asset Management LP boosted its stake in shares of JPMorgan Equity Premium Income ETF by 2.1% during the 3rd quarter. 3EDGE Asset Management LP now owns 49,068 shares of the company’s stock worth $2,802,000 after acquiring an additional 1,007 shares in the last quarter. Arcus Capital Partners LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 3.1% during the 3rd quarter. Arcus Capital Partners LLC now owns 11,840 shares of the company’s stock valued at $676,000 after acquiring an additional 356 shares during the period. Finally, FWG Holdings LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 1.8% during the 3rd quarter. FWG Holdings LLC now owns 19,602 shares of the company’s stock valued at $1,115,000 after acquiring an additional 354 shares during the period.

JPMorgan Equity Premium Income ETF Trading Up 0.1%

NYSEARCA JEPI opened at $58.38 on Friday. The stock has a market capitalization of $42.75 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. The stock has a 50-day moving average of $57.60 and a 200 day moving average of $57.09. JPMorgan Equity Premium Income ETF has a twelve month low of $49.94 and a twelve month high of $59.73.

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.