Compass Financial Management LLC Buys Shares of 14,936 JPMorgan Equity Premium Income ETF $JEPI

Compass Financial Management LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,936 shares of the company’s stock, valued at approximately $854,000.

Other large investors also recently modified their holdings of the company. Rice Partnership LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 124.5% during the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the last quarter. Providence Capital Advisors LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth about $26,000. Advocate Investing Services LLC bought a new position in JPMorgan Equity Premium Income ETF in the first quarter worth about $28,000. EQ Wealth Advisors LLC bought a new position in JPMorgan Equity Premium Income ETF in the fourth quarter worth about $29,000. Finally, Monetary Solutions Ltd acquired a new position in JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $30,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $57.92 on Monday. The company has a market cap of $46.20 billion, a P/E ratio of 23.93 and a beta of 0.53. The business has a 50 day moving average of $56.91 and a two-hundred day moving average of $57.14. JPMorgan Equity Premium Income ETF has a 52 week low of $55.10 and a 52 week high of $59.90.

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.