Red Mountain Financial LLC Has $1.64 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

Red Mountain Financial LLC reduced its stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,898 shares of the company’s stock after selling 2,796 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 2.1% of Red Mountain Financial LLC’s holdings, making the stock its 17th biggest position. Red Mountain Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,638,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Kingstone Capital Partners Texas LLC increased its holdings in JPMorgan Equity Premium Income ETF by 387,324.3% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 401,875,207 shares of the company’s stock valued at $22,736,908,000 after buying an additional 401,771,477 shares during the period. JPMorgan Chase & Co. increased its holdings in JPMorgan Equity Premium Income ETF by 35.9% in the 1st quarter. JPMorgan Chase & Co. now owns 28,174,390 shares of the company’s stock valued at $1,609,887,000 after buying an additional 7,443,750 shares during the period. Raymond James Financial Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 14.9% in the 1st quarter. Raymond James Financial Inc. now owns 6,435,593 shares of the company’s stock valued at $367,730,000 after buying an additional 833,285 shares during the period. Commonwealth Equity Services LLC increased its holdings in JPMorgan Equity Premium Income ETF by 18.9% in the 1st quarter. Commonwealth Equity Services LLC now owns 4,903,295 shares of the company’s stock valued at $280,174,000 after buying an additional 778,433 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in JPMorgan Equity Premium Income ETF by 11.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 7,611,329 shares of the company’s stock valued at $434,911,000 after buying an additional 774,664 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.85 on Friday. The firm has a market capitalization of $41.03 billion, a PE ratio of 23.93 and a beta of 0.62. The company’s fifty day moving average price is $56.77 and its two-hundred day moving average price is $56.14. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $60.88.

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.