LongView Wealth Management Raises Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

LongView Wealth Management increased its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 33.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 44,145 shares of the company’s stock after purchasing an additional 11,075 shares during the period. LongView Wealth Management’s holdings in JPMorgan Equity Premium Income ETF were worth $2,574,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC purchased a new position in JPMorgan Equity Premium Income ETF in the 4th quarter worth approximately $402,000. AQR Capital Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF by 28.1% during the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after buying an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $847,000. Schnieders Capital Management LLC. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $3,093,000. Finally, XTX Topco Ltd bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth $405,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA:JEPI opened at $56.19 on Friday. The firm has a market capitalization of $41.41 billion, a PE ratio of 23.93 and a beta of 0.60. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.90. The firm has a fifty day moving average of $58.37 and a 200 day moving average of $57.59.

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.