Rockefeller Capital Management L.P. Purchases 175,322 Shares of JPMorgan Equity Premium Income ETF $JEPI

Rockefeller Capital Management L.P. grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 11.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,754,995 shares of the company’s stock after purchasing an additional 175,322 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in JPMorgan Equity Premium Income ETF were worth $100,456,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Rice Partnership LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% during the fourth quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the period. Providence Capital Advisors LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $26,000. FNY Investment Advisers LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $28,000. EQ Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $29,000. Finally, Monetary Solutions Ltd bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth about $30,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $56.10 on Friday. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The company has a market capitalization of $44.45 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The company’s 50-day simple moving average is $56.48 and its two-hundred day simple moving average is $57.42.

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.