Soltis Investment Advisors LLC Purchases 18,152 Shares of JPMorgan Equity Premium Income ETF $JEPI

Soltis Investment Advisors LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 30.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 77,928 shares of the company’s stock after acquiring an additional 18,152 shares during the quarter. Soltis Investment Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,461,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of JEPI. Brighton Jones LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 4th quarter valued at approximately $402,000. AQR Capital Management LLC boosted its position in JPMorgan Equity Premium Income ETF by 28.1% during the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after acquiring 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 1st quarter valued at approximately $847,000. Schnieders Capital Management LLC. bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $3,093,000. Finally, First Trust Advisors LP bought a new stake in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at approximately $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

JPMorgan Equity Premium Income ETF stock opened at $55.89 on Friday. The stock’s 50 day simple moving average is $57.00 and its two-hundred day simple moving average is $57.58. The stock has a market cap of $44.28 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.15 and a fifty-two week high of $59.90.

About JPMorgan Equity Premium Income ETF

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.