Scott Capital Advisors LLC Raises Position in JPMorgan Equity Premium Income ETF $JEPI

Scott Capital Advisors LLC lifted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 146,810 shares of the company’s stock after acquiring an additional 23,167 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 1.9% of Scott Capital Advisors LLC’s portfolio, making the stock its 14th largest holding. Scott Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $8,403,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth approximately $402,000. AQR Capital Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 28.1% in the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after buying an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at approximately $847,000. Schnieders Capital Management LLC. acquired a new position in JPMorgan Equity Premium Income ETF during the second quarter worth $3,093,000. Finally, Franklin Resources Inc. raised its position in JPMorgan Equity Premium Income ETF by 33.7% in the second quarter. Franklin Resources Inc. now owns 1,486,279 shares of the company’s stock worth $84,495,000 after acquiring an additional 374,976 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA:JEPI opened at $56.56 on Wednesday. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.90. The stock has a fifty day moving average price of $58.45 and a two-hundred day moving average price of $57.61. The stock has a market capitalization of $41.68 billion, a price-to-earnings ratio of 23.93 and a beta of 0.60.

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.