JPMorgan Equity Premium Income ETF $JEPI Stock: Financial Futures Ltd Liability Co. Boosts Stake

Financial Futures Ltd Liability Co. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 283,765 shares of the company’s stock after purchasing an additional 21,167 shares during the quarter. JPMorgan Equity Premium Income ETF makes up about 5.9% of Financial Futures Ltd Liability Co.’s portfolio, making the stock its 4th biggest holding. Financial Futures Ltd Liability Co.’s holdings in JPMorgan Equity Premium Income ETF were worth $15,953,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Legacy Private Trust Co. acquired a new position in JPMorgan Equity Premium Income ETF during the third quarter worth approximately $2,602,000. Private Client Services LLC bought a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $3,694,000. Nottingham Advisors Inc. lifted its position in shares of JPMorgan Equity Premium Income ETF by 21.6% in the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock valued at $46,301,000 after buying an additional 144,966 shares during the last quarter. Studio Investment Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 194.0% in the second quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after buying an additional 35,668 shares during the last quarter. Finally, Tucker Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 42.1% in the second quarter. Tucker Asset Management LLC now owns 34,008 shares of the company’s stock valued at $1,921,000 after buying an additional 10,075 shares during the last quarter.

JPMorgan Equity Premium Income ETF Trading Down 0.2%

Shares of NYSEARCA:JEPI traded down $0.12 on Tuesday, hitting $56.84. The company had a trading volume of 2,084,983 shares, compared to its average volume of 5,132,654. The stock has a market cap of $45.79 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The stock has a 50 day moving average price of $57.07 and a 200 day moving average price of $56.72. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90.

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.