Coppell Advisory Solutions LLC bought a new position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI – Free Report) during the second quarter, HoldingsChannel.com reports. The firm bought 34,280 shares of the company’s stock, valued at approximately $1,936,000.
Other hedge funds also recently made changes to their positions in the company. Rice Partnership LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 124.5% in the fourth 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 acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter worth approximately $26,000. Advocate Investing Services LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the first quarter worth approximately $28,000. Monetary Solutions Ltd bought a new position in JPMorgan Equity Premium Income ETF during the 4th quarter worth $30,000. Finally, BTG Pactual Asset Management US LLC bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter worth $31,000.
JPMorgan Equity Premium Income ETF Price Performance
Shares of NYSEARCA JEPI opened at $57.19 on Thursday. The business has a fifty day moving average price of $57.17 and a two-hundred day moving average price of $57.08. The stock has a market capitalization of $45.61 billion, a PE ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.10 and a fifty-two week 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.
Recommended Stories
- Five stocks we like better than JPMorgan Equity Premium Income ETF
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
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).
Receive News & Ratings for JPMorgan Equity Premium Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Equity Premium Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
