Nations Financial Group Inc. IA ADV Purchases 10,260 Shares of JPMorgan Equity Premium Income ETF $JEPI

Nations Financial Group Inc. IA ADV grew its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 18.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,365 shares of the company’s stock after acquiring an additional 10,260 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $3,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rice Partnership LLC boosted its position in JPMorgan Equity Premium Income ETF by 124.5% in the 4th quarter. Rice Partnership LLC now owns 449 shares of the company’s stock valued at $26,000 after buying an additional 249 shares during the period. Providence Capital Advisors LLC purchased a new position in shares of JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $26,000. FNY Investment Advisers LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $28,000. EQ Wealth Advisors LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF during the fourth quarter valued at approximately $29,000. Finally, Monetary Solutions Ltd purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at approximately $30,000.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $56.10 on Friday. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90. The stock has a market cap of $44.45 billion, a P/E ratio of 23.93 and a beta of 0.54. The business’s 50 day moving average is $56.48 and its 200 day moving average is $57.42.

JPMorgan Equity Premium Income ETF 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.