JPMorgan Equity Premium Income ETF $JEPI Shares Newly Acquired by Sage Financial Group Inc.

Sage Financial Group Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 19,669 shares of the company’s stock, valued at approximately $1,106,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. TopTier Wealth Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 1.4% in the 3rd quarter. TopTier Wealth Management LLC now owns 12,665 shares of the company’s stock worth $712,000 after buying an additional 175 shares during the last quarter. 3Chopt Investment Partners LLC increased its stake in JPMorgan Equity Premium Income ETF by 9.0% during the 1st quarter. 3Chopt Investment Partners LLC now owns 2,143 shares of the company’s stock worth $121,000 after buying an additional 177 shares in the last quarter. Lineweaver Wealth Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 1.6% during the third quarter. Lineweaver Wealth Advisors LLC now owns 11,301 shares of the company’s stock valued at $635,000 after acquiring an additional 177 shares during the last quarter. Private Capital Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.2% during the third quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock valued at $522,000 after acquiring an additional 200 shares during the last quarter. Finally, Mayflower Financial Advisors LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 0.7% during the first quarter. Mayflower Financial Advisors LLC now owns 30,564 shares of the company’s stock valued at $1,732,000 after acquiring an additional 209 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $57.23 on Wednesday. The company has a market cap of $45.88 billion, a PE ratio of 23.93 and a beta of 0.53. The stock’s 50 day simple moving average is $56.95 and its 200-day simple moving average is $57.19. 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.