JSF Financial LLC Has $2.53 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

JSF Financial LLC decreased its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 44,260 shares of the company’s stock after selling 10,271 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for about 0.5% of JSF Financial LLC’s portfolio, making the stock its 28th largest holding. JSF Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,533,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $28,000. EQ Wealth Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth about $29,000. BTG Pactual Asset Management US LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $31,000. Logan Capital Management Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the 3rd quarter worth about $33,000. Finally, VSM Wealth Advisory LLC raised its stake in JPMorgan Equity Premium Income ETF by 84.1% in the 3rd quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after purchasing an additional 269 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Down 0.6%

Shares of JPMorgan Equity Premium Income ETF stock opened at $55.96 on Friday. JPMorgan Equity Premium Income ETF has a twelve month low of $55.15 and a twelve month high of $59.90. The company has a 50-day simple moving average of $57.41 and a two-hundred day simple moving average of $57.64. The stock has a market capitalization of $44.34 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56.

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.