GFS Advisors LLC Buys New Stake in JPMorgan Equity Premium Income ETF $JEPI

GFS Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 46,860 shares of the company’s stock, valued at approximately $2,682,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Alteri Wealth LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 4.6% during the 4th quarter. Alteri Wealth LLC now owns 6,649 shares of the company’s stock valued at $381,000 after acquiring an additional 290 shares in the last quarter. Gaddis Premier Wealth Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $308,000. Montis Financial LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 5.0% during the 4th quarter. Montis Financial LLC now owns 152,868 shares of the company’s stock valued at $8,750,000 after acquiring an additional 7,233 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of JPMorgan Equity Premium Income ETF by 136.4% during the 4th quarter. Cerity Partners LLC now owns 469,991 shares of the company’s stock valued at $26,902,000 after acquiring an additional 271,218 shares in the last quarter. Finally, Hilton Head Capital Partners LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF during the 4th quarter valued at $161,000.

JPMorgan Equity Premium Income ETF Trading Up 0.8%

NYSEARCA:JEPI opened at $55.80 on Wednesday. The firm has a market capitalization of $44.21 billion, a price-to-earnings ratio of 23.93 and a beta of 0.54. The firm’s fifty day simple moving average is $56.56 and its 200 day simple moving average is $57.49. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month 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.