Studio Investment Management LLC boosted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 194.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,050 shares of the company’s stock after buying an additional 35,668 shares during the quarter. Studio Investment Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also bought and sold shares of the business. Ameritas Advisory Services LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 280.6% in the 2nd quarter. Ameritas Advisory Services LLC now owns 84,240 shares of the company’s stock worth $4,758,000 after acquiring an additional 62,104 shares during the last quarter. Sovereign Investment Advisors LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 31.7% during the 2nd quarter. Sovereign Investment Advisors LLC now owns 9,327 shares of the company’s stock valued at $527,000 after purchasing an additional 2,246 shares during the last quarter. Northeast Planning Associates INC. NH bought a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $329,000. Asset Allocation Strategies LLC raised its position in JPMorgan Equity Premium Income ETF by 4.4% in the 2nd quarter. Asset Allocation Strategies LLC now owns 95,438 shares of the company’s stock worth $5,390,000 after purchasing an additional 4,046 shares during the period. Finally, Angeles Wealth Management LLC raised its position in JPMorgan Equity Premium Income ETF by 1,018.8% in the 2nd quarter. Angeles Wealth Management LLC now owns 4,475 shares of the company’s stock worth $253,000 after purchasing an additional 4,075 shares during the period.
JPMorgan Equity Premium Income ETF Price Performance
JPMorgan Equity Premium Income ETF stock opened at $57.22 on Monday. The company has a market capitalization of $45.64 billion, a PE ratio of 23.93 and a beta of 0.53. The firm has a fifty day simple moving average of $57.21 and a two-hundred day simple moving average of $57.05. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90.
JPMorgan Equity Premium Income ETF 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.
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