35,812 Shares in JPMorgan Equity Premium Income ETF $JEPI Bought by MLP3 LLC

MLP3 LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 35,812 shares of the company’s stock, valued at approximately $2,050,000. JPMorgan Equity Premium Income ETF comprises 2.2% of MLP3 LLC’s portfolio, making the stock its 13th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JEPI. Brighton Jones LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $402,000. AQR Capital Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $847,000. Schnieders Capital Management LLC. bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $3,093,000. Finally, First Trust Advisors LP bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $529,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.04 on Monday. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The company has a fifty day simple moving average of $56.53 and a two-hundred day simple moving average of $57.47. The firm has a market capitalization of $44.40 billion, a P/E ratio of 23.93 and a beta of 0.54.

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.