32,620 Shares in JPMorgan Equity Premium Income ETF $JEPI Purchased by Resolute Capital LLC

Resolute Capital LLC purchased a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 32,620 shares of the company’s stock, valued at approximately $1,867,000. JPMorgan Equity Premium Income ETF makes up 0.8% of Resolute Capital LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other hedge funds also recently bought and sold shares of JEPI. Tcfg Wealth Management LLC boosted its stake in JPMorgan Equity Premium Income ETF by 3,843.5% in the 3rd quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after purchasing an additional 810,739 shares in the last quarter. RiverFront Investment Group LLC boosted its stake in JPMorgan Equity Premium Income ETF by 24.0% in the 4th quarter. RiverFront Investment Group LLC now owns 3,804,642 shares of the company’s stock worth $217,778,000 after purchasing an additional 737,043 shares in the last quarter. Bank of America Corp DE boosted its stake in JPMorgan Equity Premium Income ETF by 2.1% in the 2nd quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after purchasing an additional 690,960 shares in the last quarter. Raymond James Financial Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 9.9% during the 2nd quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock valued at $402,053,000 after acquiring an additional 636,586 shares during the period. Finally, Jones Financial Companies Lllp lifted its stake in JPMorgan Equity Premium Income ETF by 40.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock valued at $115,436,000 after acquiring an additional 581,218 shares during the period.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $56.04 on Monday. The stock has a market capitalization of $44.40 billion, a P/E ratio of 23.93 and a beta of 0.56. The company’s 50-day simple moving average is $56.68 and its two-hundred day simple moving average is $57.55. 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.