Lighthouse Financial Services Inc. ADV Buys Shares of 11,783 JPMorgan Equity Premium Income ETF $JEPI

Lighthouse Financial Services Inc. ADV bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,783 shares of the company’s stock, valued at approximately $674,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of JEPI. Brighton Jones LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $402,000. AQR Capital Management LLC grew its position in shares of JPMorgan Equity Premium Income ETF by 28.1% during the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $847,000. Schnieders Capital Management LLC. purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $3,093,000. Finally, First Trust Advisors LP purchased a new position in shares of JPMorgan Equity Premium Income ETF during the 2nd quarter valued at $529,000.

JPMorgan Equity Premium Income ETF Price Performance

JEPI opened at $55.96 on Friday. The company has a fifty day moving average price of $57.41 and a 200-day moving average price of $57.64. The firm has a market capitalization of $44.34 billion, a P/E ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90.

About JPMorgan Equity Premium Income ETF

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.