MGO One Seven LLC Increases Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

MGO One Seven LLC increased its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 12.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 294,095 shares of the company’s stock after purchasing an additional 33,064 shares during the quarter. MGO One Seven LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,834,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Retirement Planning Group LLC raised its stake in shares of JPMorgan Equity Premium Income ETF by 11.1% in the fourth quarter. Retirement Planning Group LLC now owns 87,708 shares of the company’s stock valued at $5,020,000 after acquiring an additional 8,734 shares during the period. Plan Group Financial LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 56.1% during the 4th quarter. Plan Group Financial LLC now owns 10,851 shares of the company’s stock worth $621,000 after purchasing an additional 3,901 shares during the period. Encompass More Asset Management boosted its stake in shares of JPMorgan Equity Premium Income ETF by 211.2% during the 4th quarter. Encompass More Asset Management now owns 13,228 shares of the company’s stock worth $757,000 after purchasing an additional 8,977 shares during the period. Indivisible Partners bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $11,449,000. Finally, BOKF NA grew its holdings in JPMorgan Equity Premium Income ETF by 5.3% during the 4th quarter. BOKF NA now owns 487,439 shares of the company’s stock valued at $27,901,000 after purchasing an additional 24,659 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $56.28 on Friday. The firm has a market capitalization of $44.59 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The company’s 50-day moving average is $57.41 and its 200 day moving average is $57.64.

JPMorgan Equity Premium Income ETF 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.