Quartz Partners LLC Has $1.03 Million Stake in JPMorgan Equity Premium Income ETF $JEPI

Quartz Partners LLC grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 93.7% during the first quarter, HoldingsChannel reports. The firm owned 18,148 shares of the company’s stock after buying an additional 8,781 shares during the period. Quartz Partners LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $1,029,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of JEPI. Wealthfront Advisers LLC boosted its position in JPMorgan Equity Premium Income ETF by 30.9% during the first quarter. Wealthfront Advisers LLC now owns 267,421 shares of the company’s stock valued at $15,157,000 after acquiring an additional 63,131 shares during the last quarter. D.A. Davidson & CO. raised its position in shares of JPMorgan Equity Premium Income ETF by 8.1% in the 1st quarter. D.A. Davidson & CO. now owns 277,848 shares of the company’s stock worth $15,748,000 after acquiring an additional 20,759 shares in the last quarter. Midwest Professional Planners LTD. raised its position in shares of JPMorgan Equity Premium Income ETF by 11.9% in the 1st quarter. Midwest Professional Planners LTD. now owns 31,939 shares of the company’s stock worth $1,810,000 after acquiring an additional 3,397 shares in the last quarter. IMC Chicago LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at about $5,518,000. Finally, Collaborative Wealth Managment Inc. lifted its stake in shares of JPMorgan Equity Premium Income ETF by 168.6% in the 1st quarter. Collaborative Wealth Managment Inc. now owns 44,607 shares of the company’s stock valued at $2,528,000 after purchasing an additional 28,002 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JPMorgan Equity Premium Income ETF stock opened at $56.98 on Friday. The stock’s 50-day moving average is $56.15 and its 200 day moving average is $57.28. JPMorgan Equity Premium Income ETF has a one year low of $55.10 and a one year high of $59.90. The firm has a market cap of $45.36 billion, a price-to-earnings 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.