Rooted Wealth Advisors Inc. Acquires 16,184 Shares of JPMorgan Equity Premium Income ETF $JEPI

Rooted Wealth Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 6.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 280,323 shares of the company’s stock after purchasing an additional 16,184 shares during the quarter. JPMorgan Equity Premium Income ETF makes up 4.9% of Rooted Wealth Advisors Inc.’s holdings, making the stock its 5th biggest position. Rooted Wealth Advisors Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $15,987,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter worth about $25,000. GHP Investment Advisors Inc. acquired a new stake in JPMorgan Equity Premium Income ETF during the second quarter worth approximately $25,000. Bartlett & CO. Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $25,000. Asset Dedication LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $28,000. Finally, Pin Oak Investment Advisors Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 73.6% in the second quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after purchasing an additional 212 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $57.98 on Tuesday. The business has a fifty day simple moving average of $57.19 and a 200 day simple moving average of $56.89. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year high of $59.73. The company has a market capitalization of $41.50 billion, a PE ratio of 23.93 and a beta of 0.60.

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.