Markowski Investments acquired a new stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 28,886 shares of the company’s stock, valued at approximately $1,631,000.
A number of other large investors have also modified their holdings of the business. Nottingham Advisors Inc. boosted its position in JPMorgan Equity Premium Income ETF by 21.6% during the first quarter. Nottingham Advisors Inc. now owns 816,880 shares of the company’s stock worth $46,301,000 after acquiring an additional 144,966 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in JPMorgan Equity Premium Income ETF by 1.4% in the 4th quarter. Janney Montgomery Scott LLC now owns 2,692,604 shares of the company’s stock valued at $154,125,000 after acquiring an additional 36,106 shares during the last quarter. Armstrong Advisory Group Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 60.7% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 75,535 shares of the company’s stock worth $4,266,000 after purchasing an additional 28,517 shares in the last quarter. Channel Wealth LLC lifted its stake in JPMorgan Equity Premium Income ETF by 89.2% in the 4th quarter. Channel Wealth LLC now owns 121,746 shares of the company’s stock worth $6,969,000 after purchasing an additional 57,394 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in JPMorgan Equity Premium Income ETF by 13.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,650,864 shares of the company’s stock worth $94,495,000 after purchasing an additional 191,240 shares in the last quarter.
JPMorgan Equity Premium Income ETF Price Performance
Shares of JPMorgan Equity Premium Income ETF stock opened at $57.22 on Friday. The stock’s 50 day simple moving average is $57.21 and its 200-day simple moving average is $57.07. The stock has a market cap of $45.64 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90.
JPMorgan Equity Premium Income ETF 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.
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