JPMorgan Equity Premium Income ETF $JEPI Stock Purchased by MGO One Seven LLC

MGO One Seven LLC grew its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 22.4% during the third quarter, HoldingsChannel reports. The firm owned 188,166 shares of the company’s stock after buying an additional 34,422 shares during the quarter. MGO One Seven LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $10,579,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NBH Bank acquired a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth approximately $27,000. Financial Management Professionals Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $30,000. Olistico Wealth LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $35,000. William Mack & Associates Inc. acquired a new stake in JPMorgan Equity Premium Income ETF in the third quarter valued at approximately $37,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter worth $51,000.

JPMorgan Equity Premium Income ETF Stock Performance

NYSEARCA JEPI opened at $57.56 on Monday. The firm’s fifty day moving average price is $56.94 and its two-hundred day moving average price is $57.18. The stock has a market cap of $46.19 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week 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.