PFG Investments LLC Grows Position in JPMorgan Equity Premium Income ETF $JEPI

PFG Investments LLC raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 144,583 shares of the company’s stock after acquiring an additional 10,672 shares during the quarter. PFG Investments LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,256,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth $402,000. AQR Capital Management LLC boosted its position in shares of 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 worth $4,845,000 after acquiring an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $847,000. TD Private Client Wealth LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF by 76.0% in the 2nd quarter. TD Private Client Wealth LLC now owns 2,977 shares of the company’s stock valued at $169,000 after acquiring an additional 1,286 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 37.6% during the 2nd quarter. Perigon Wealth Management LLC now owns 80,658 shares of the company’s stock worth $4,585,000 after acquiring an additional 22,061 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of JEPI opened at $58.38 on Friday. The company has a market capitalization of $42.75 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73. The stock has a 50 day moving average price of $57.60 and a 200 day moving average price of $57.09.

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.