New York Life Investment Management LLC Has $41.62 Million Position in JPMorgan Equity Premium Income ETF $JEPI

New York Life Investment Management LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 191.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 727,039 shares of the company’s stock after acquiring an additional 477,935 shares during the quarter. New York Life Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $41,616,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the stock. Brighton Jones LLC purchased a new position in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $402,000. AQR Capital Management LLC increased 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 valued at $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter worth $847,000. Schnieders Capital Management LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $3,093,000. Finally, First Trust Advisors LP purchased a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $529,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $55.99 on Friday. The company has a market capitalization of $44.36 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. The company has a 50-day simple moving average of $57.06 and a 200 day simple moving average of $57.59.

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.