J.Safra Asset Management Corp Buys 14,578 Shares of JPMorgan Equity Premium Income ETF $JEPI

J.Safra Asset Management Corp raised its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 99.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 29,205 shares of the company’s stock after purchasing an additional 14,578 shares during the period. J.Safra Asset Management Corp’s holdings in JPMorgan Equity Premium Income ETF were worth $1,668,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Mattern Wealth Management LLC lifted its position in JPMorgan Equity Premium Income ETF by 1.8% in the second quarter. Mattern Wealth Management LLC now owns 10,082 shares of the company’s stock worth $573,000 after purchasing an additional 178 shares during the period. BOS Asset Management LLC lifted its stake in JPMorgan Equity Premium Income ETF by 3.5% during the third quarter. BOS Asset Management LLC now owns 5,213 shares of the company’s stock worth $298,000 after purchasing an additional 178 shares during the period. Highline Wealth Partners LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 13.5% during the second quarter. Highline Wealth Partners LLC now owns 1,518 shares of the company’s stock valued at $86,000 after purchasing an additional 180 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of JPMorgan Equity Premium Income ETF by 9.0% in the 2nd quarter. First Horizon Advisors Inc. now owns 2,221 shares of the company’s stock valued at $126,000 after purchasing an additional 183 shares during the period. Finally, SimpliFi Inc. raised its holdings in shares of JPMorgan Equity Premium Income ETF by 2.6% in the 2nd quarter. SimpliFi Inc. now owns 7,345 shares of the company’s stock worth $418,000 after buying an additional 186 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of JEPI stock opened at $58.41 on Friday. The stock’s fifty day simple moving average is $57.47 and its 200 day simple moving average is $57.05. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $59.73. The firm has a market cap of $42.68 billion, a price-to-earnings 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.