Hunter Associates Investment Management LLC increased its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 6.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 128,655 shares of the company’s stock after acquiring an additional 7,779 shares during the period. JPMorgan Equity Premium Income ETF comprises 1.1% of Hunter Associates Investment Management LLC’s investment portfolio, making the stock its 19th biggest position. Hunter Associates Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,307,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter valued at about $402,000. Mather Group LLC. acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $25,000. Truist Financial Corp raised its position in JPMorgan Equity Premium Income ETF by 8.9% in the 1st quarter. Truist Financial Corp now owns 891,711 shares of the company’s stock valued at $50,952,000 after purchasing an additional 73,211 shares in the last quarter. Bank of New York Mellon Corp raised its position in JPMorgan Equity Premium Income ETF by 4.8% in the 1st quarter. Bank of New York Mellon Corp now owns 586,093 shares of the company’s stock valued at $33,489,000 after purchasing an additional 26,611 shares in the last quarter. Finally, Concurrent Investment Advisors LLC raised its position in JPMorgan Equity Premium Income ETF by 21.7% in the 1st quarter. Concurrent Investment Advisors LLC now owns 112,847 shares of the company’s stock valued at $6,448,000 after purchasing an additional 20,156 shares in the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
JEPI stock opened at $56.88 on Monday. The firm has a market capitalization of $40.72 billion, a P/E ratio of 23.93 and a beta of 0.60. The business’s 50-day moving average is $56.94 and its two-hundred day moving average is $56.40. JPMorgan Equity Premium Income ETF has a 1 year low of $49.94 and a 1 year 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.
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