JPMorgan Equity Premium Income ETF $JEPI Stock Bought by Everest Financial Group LLC

Everest Financial Group LLC increased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 289,247 shares of the company’s stock after purchasing an additional 15,219 shares during the period. JPMorgan Equity Premium Income ETF comprises about 1.9% of Everest Financial Group LLC’s portfolio, making the stock its 16th largest holding. Everest Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,261,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Commonwealth Equity Services LLC bought a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $197,781,000. Hamilton Capital LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $84,219,000. Nottingham Advisors Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $46,488,000. Oakworth Capital Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth approximately $41,768,000. Finally, Foguth Wealth Management LLC. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 366.7% during the first quarter. Foguth Wealth Management LLC. now owns 919,518 shares of the company’s stock valued at $51,530,000 after purchasing an additional 722,490 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.3%

JEPI opened at $58.04 on Friday. The stock has a market capitalization of $47.13 billion, a price-to-earnings ratio of 24.48 and a beta of 0.52. The firm has a 50 day moving average price of $56.89 and a 200-day moving average price of $57.14. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.

About JPMorgan Equity Premium Income ETF

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.