ProCore Advisors LLC Purchases New Stake in JPMorgan Equity Premium Income ETF $JEPI

ProCore Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 17,350 shares of the company’s stock, valued at approximately $993,000. JPMorgan Equity Premium Income ETF accounts for about 1.0% of ProCore Advisors LLC’s investment portfolio, making the stock its 22nd largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Hamilton Capital LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $72,373,000. Tcfg Wealth Management LLC boosted its position in shares of JPMorgan Equity Premium Income ETF by 3,843.5% during the third quarter. Tcfg Wealth Management LLC now owns 831,833 shares of the company’s stock worth $47,498,000 after buying an additional 810,739 shares during the period. Bank of America Corp DE boosted its position in shares of JPMorgan Equity Premium Income ETF by 2.1% during the second quarter. Bank of America Corp DE now owns 33,372,182 shares of the company’s stock worth $1,897,209,000 after buying an additional 690,960 shares during the period. Raymond James Financial Inc. boosted its position in shares of JPMorgan Equity Premium Income ETF by 9.9% during the second quarter. Raymond James Financial Inc. now owns 7,072,179 shares of the company’s stock worth $402,053,000 after buying an additional 636,586 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of JPMorgan Equity Premium Income ETF by 40.2% during the third quarter. Jones Financial Companies Lllp now owns 2,027,327 shares of the company’s stock worth $115,436,000 after buying an additional 581,218 shares during the period.

JPMorgan Equity Premium Income ETF Stock Down 0.3%

JEPI opened at $56.52 on Wednesday. JPMorgan Equity Premium Income ETF has a 52 week low of $50.43 and a 52 week high of $59.90. The business has a fifty day simple moving average of $58.05 and a 200-day simple moving average of $57.57. The firm has a market cap of $43.82 billion, a P/E ratio of 23.93 and a beta of 0.59.

JPMorgan Equity Premium Income ETF Company 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.