JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Shares Bought by Sachetta LLC

Sachetta LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 808.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 36,434 shares of the company’s stock after buying an additional 32,422 shares during the period. JPMorgan Equity Premium Income ETF accounts for 0.9% of Sachetta LLC’s investment portfolio, making the stock its 19th largest position. Sachetta LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,078,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JEPI. Global Assets Advisory LLC boosted its stake in JPMorgan Equity Premium Income ETF by 5,858.1% during the first quarter. Global Assets Advisory LLC now owns 6,165,296 shares of the company’s stock worth $356,724,000 after buying an additional 6,061,819 shares during the last quarter. Cetera Investment Advisers boosted its stake in JPMorgan Equity Premium Income ETF by 406.2% during the first quarter. Cetera Investment Advisers now owns 4,135,711 shares of the company’s stock worth $239,292,000 after buying an additional 3,318,702 shares during the last quarter. Strategic Financial Concepts LLC boosted its stake in JPMorgan Equity Premium Income ETF by 6,254.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,049,258 shares of the company’s stock worth $595,000 after buying an additional 1,032,746 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan Equity Premium Income ETF by 3.8% during the first quarter. JPMorgan Chase & Co. now owns 22,032,620 shares of the company’s stock worth $1,274,807,000 after buying an additional 815,598 shares during the last quarter. Finally, First Foundation Advisors boosted its stake in JPMorgan Equity Premium Income ETF by 91.9% during the first quarter. First Foundation Advisors now owns 1,203,095 shares of the company’s stock worth $69,611,000 after buying an additional 576,068 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $58.11 on Tuesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $51.38 and a fifty-two week high of $58.85. The stock’s fifty day moving average is $57.10 and its two-hundred day moving average is $56.87. The firm has a market capitalization of $34.10 billion, a P/E ratio of 24.40 and a beta of 0.53.

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.