JPMorgan Equity Premium Income ETF $JEPI Position Boosted by Kathmere Capital Management LLC

Kathmere Capital Management LLC boosted its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 3.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 755,967 shares of the company’s stock after purchasing an additional 23,592 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 2.6% of Kathmere Capital Management LLC’s portfolio, making the stock its 6th largest holding. Kathmere Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $42,848,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Crewe Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF by 32.9% during the 4th quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock valued at $2,198,000 after acquiring an additional 9,514 shares during the period. Capital Investment Advisory Services LLC grew its holdings in JPMorgan Equity Premium Income ETF by 32.7% in the fourth quarter. Capital Investment Advisory Services LLC now owns 225,716 shares of the company’s stock worth $12,920,000 after purchasing an additional 55,610 shares during the period. Cyndeo Wealth Partners LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 90.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after purchasing an additional 12,790 shares in the last quarter. Apella Capital LLC increased its stake in shares of JPMorgan Equity Premium Income ETF by 2.8% during the fourth quarter. Apella Capital LLC now owns 347,881 shares of the company’s stock valued at $19,913,000 after purchasing an additional 9,499 shares in the last quarter. Finally, Leo Wealth LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $757,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI opened at $56.71 on Monday. The business’s 50 day moving average price is $56.20 and its 200-day moving average price is $57.34. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90. The stock has a market cap of $44.96 billion, a P/E ratio of 23.93 and a beta of 0.54.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.