Scott Capital Advisors LLC increased its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) by 124.4% during the third quarter, HoldingsChannel reports. The fund owned 123,643 shares of the company’s stock after buying an additional 68,548 shares during the period. JPMorgan Equity Premium Income ETF comprises approximately 1.6% of Scott Capital Advisors LLC’s investment portfolio, making the stock its 14th biggest holding. Scott Capital Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,037,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its position in shares of JPMorgan Equity Premium Income ETF by 20.0% in the second quarter. Geneos Wealth Management Inc. now owns 285,816 shares of the company’s stock valued at $16,249,000 after purchasing an additional 47,712 shares during the last quarter. Coastline Trust Co grew its holdings in JPMorgan Equity Premium Income ETF by 14.0% during the 2nd quarter. Coastline Trust Co now owns 1,981 shares of the company’s stock valued at $113,000 after buying an additional 243 shares during the last quarter. Cooper Financial Group increased its position in JPMorgan Equity Premium Income ETF by 3.9% during the third quarter. Cooper Financial Group now owns 423,502 shares of the company’s stock worth $24,182,000 after buying an additional 15,888 shares in the last quarter. Cambridge Advisors Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 8.8% in the third quarter. Cambridge Advisors Inc. now owns 187,501 shares of the company’s stock worth $10,706,000 after acquiring an additional 15,195 shares during the last quarter. Finally, Grandview Asset Management LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 8.6% in the second quarter. Grandview Asset Management LLC now owns 14,976 shares of the company’s stock valued at $851,000 after acquiring an additional 1,181 shares in the last quarter.
JPMorgan Equity Premium Income ETF Trading Up 0.3%
JPMorgan Equity Premium Income ETF stock opened at $57.97 on Friday. The stock has a 50-day moving average price of $57.16 and a 200 day moving average price of $56.85. JPMorgan Equity Premium Income ETF has a 52 week low of $49.94 and a 52 week high of $59.73. The stock has a market cap of $41.49 billion, a PE ratio of 23.93 and a beta of 0.60.
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.
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Want to see what other hedge funds are holding JEPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report).
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