Americana Partners LLC Has $17.30 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Americana Partners LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 992.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 302,296 shares of the company’s stock after buying an additional 274,620 shares during the period. Americana Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $17,303,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of JEPI. FNY Investment Advisers LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $28,000. EQ Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at about $29,000. BTG Pactual Asset Management US LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $31,000. Logan Capital Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter valued at about $33,000. Finally, VSM Wealth Advisory LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 84.1% in the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock valued at $34,000 after acquiring an additional 269 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.33 on Friday. The firm has a 50-day moving average of $56.79 and a 200-day moving average of $57.55. The stock has a market cap of $44.63 billion, a PE ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 52-week low of $55.15 and a 52-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.