JPMorgan Equity Premium Income ETF $JEPI Stake Boosted by Unique Wealth LLC

Unique Wealth LLC lifted its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 110.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 36,677 shares of the company’s stock after acquiring an additional 19,215 shares during the quarter. Unique Wealth LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,071,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of JEPI. Rice Partnership LLC grew its stake in JPMorgan Equity Premium Income ETF by 124.5% in the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Providence Capital Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter worth about $26,000. NBH Bank purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $27,000. Advocate Investing Services LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $28,000. Finally, Monetary Solutions Ltd acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $30,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $57.22 on Friday. The stock has a market cap of $45.64 billion, a price-to-earnings ratio of 23.93 and a beta of 0.53. The business has a 50 day simple moving average of $57.21 and a 200 day simple moving average of $57.07. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

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.