JPMorgan Equity Premium Income ETF $JEPI Stake Raised by Private Client Services LLC

Private Client Services LLC boosted its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 34.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 59,132 shares of the company’s stock after purchasing an additional 14,995 shares during the period. JPMorgan Equity Premium Income ETF makes up approximately 1.1% of Private Client Services LLC’s holdings, making the stock its 22nd biggest position. Private Client Services LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $3,376,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Bartlett & CO. Wealth Management LLC acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $25,000. GHP Investment Advisors Inc. acquired a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter valued at approximately $25,000. Clarity Asset Management Inc. purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth approximately $25,000. Pin Oak Investment Advisors Inc. lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 73.6% during the 2nd quarter. Pin Oak Investment Advisors Inc. now owns 500 shares of the company’s stock valued at $28,000 after buying an additional 212 shares during the last quarter. Finally, Asset Dedication LLC acquired a new stake in JPMorgan Equity Premium Income ETF in the second quarter valued at approximately $28,000.

JPMorgan Equity Premium Income ETF Stock Performance

JEPI opened at $57.54 on Monday. The company has a market cap of $41.19 billion, a PE ratio of 23.93 and a beta of 0.60. The stock has a 50-day moving average of $57.06 and a 200-day moving average of $56.81. JPMorgan Equity Premium Income ETF has a 52-week low of $49.94 and a 52-week high of $59.73.

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.