JPMorgan Equity Premium Income ETF $JEPI Position Boosted by RDA Financial Network

RDA Financial Network increased its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 13.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 89,036 shares of the company’s stock after buying an additional 10,215 shares during the quarter. JPMorgan Equity Premium Income ETF comprises approximately 1.1% of RDA Financial Network’s holdings, making the stock its 23rd largest position. RDA Financial Network’s holdings in JPMorgan Equity Premium Income ETF were worth $5,006,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. NBH Bank bought a new stake in JPMorgan Equity Premium Income ETF in the second quarter worth about $27,000. Advocate Investing Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $28,000. Monetary Solutions Ltd bought a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at about $30,000. Olistico Wealth LLC bought a new position in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $35,000. Finally, Provenance Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter worth approximately $42,000.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

JPMorgan Equity Premium Income ETF stock traded up $0.26 during mid-day trading on Thursday, hitting $57.13. The company’s stock had a trading volume of 2,861,455 shares, compared to its average volume of 5,126,589. The stock has a market capitalization of $45.89 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The stock’s fifty day moving average price is $57.05 and its two-hundred day moving average price is $56.73.

About JPMorgan Equity Premium Income ETF

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.