S&A Financial Services Inc. Acquires 12,701 Shares of JPMorgan Equity Premium Income ETF $JEPI

S&A Financial Services Inc. grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 107,414 shares of the company’s stock after purchasing an additional 12,701 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 3.7% of S&A Financial Services Inc.’s holdings, making the stock its 8th largest holding. S&A Financial Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $6,039,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JEPI. TopTier Wealth Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 1.4% during the third quarter. TopTier Wealth Management LLC now owns 12,665 shares of the company’s stock valued at $712,000 after purchasing an additional 175 shares during the period. Lineweaver Wealth Advisors LLC increased its stake in JPMorgan Equity Premium Income ETF by 1.6% in the 3rd quarter. Lineweaver Wealth Advisors LLC now owns 11,301 shares of the company’s stock worth $635,000 after buying an additional 177 shares during the period. Private Capital Advisors Inc. increased its stake in JPMorgan Equity Premium Income ETF by 2.2% in the 3rd quarter. Private Capital Advisors Inc. now owns 9,292 shares of the company’s stock worth $522,000 after buying an additional 200 shares during the period. Studio Investment Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 0.4% during the 3rd quarter. Studio Investment Management LLC now owns 54,263 shares of the company’s stock valued at $3,051,000 after buying an additional 213 shares in the last quarter. Finally, Capstone Financial Advisors Inc. lifted its holdings in JPMorgan Equity Premium Income ETF by 1.6% during the 2nd quarter. Capstone Financial Advisors Inc. now owns 14,739 shares of the company’s stock valued at $832,000 after buying an additional 238 shares in the last quarter.

JPMorgan Equity Premium Income ETF Stock Up 0.1%

JEPI traded up $0.04 on Friday, reaching $56.43. 14,279,017 shares of the company traded hands, compared to its average volume of 5,150,142. The company has a market cap of $45.32 billion, a P/E ratio of 23.93 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The firm has a fifty day simple moving average of $56.85 and a two-hundred day simple moving average of $57.15.

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.