JPMorgan Equity Premium Income ETF $JEPI Stock: Henderson Brothers Financial Partners LLC Raises Position

Henderson Brothers Financial Partners LLC increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 84,916 shares of the company’s stock after buying an additional 9,330 shares during the period. JPMorgan Equity Premium Income ETF comprises 1.7% of Henderson Brothers Financial Partners LLC’s portfolio, making the stock its 15th largest holding. Henderson Brothers Financial Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $4,774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Commonwealth Equity Services LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth approximately $197,781,000. Hamilton Capital LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $84,219,000. Nottingham Advisors Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $46,488,000. Oakworth Capital Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter worth $41,768,000. Finally, Foguth Wealth Management LLC. boosted 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 worth $51,530,000 after purchasing an additional 722,490 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

Shares of NYSEARCA:JEPI opened at $56.43 on Friday. The company has a market cap of $45.32 billion, a P/E ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The business has a fifty day simple moving average of $56.85 and a 200-day simple moving average of $57.15.

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.