28,983 JPMorgan Equity Premium Income ETF $JEPI Shares Acquired by Taylor Securities Services Inc.

Taylor Securities Services Inc. raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 80.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,835 shares of the company’s stock after buying an additional 28,983 shares during the period. JPMorgan Equity Premium Income ETF accounts for 1.4% of Taylor Securities Services Inc.’s holdings, making the stock its 10th largest holding. Taylor Securities Services Inc.’s holdings in JPMorgan Equity Premium Income ETF were worth $3,645,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. NBH Bank acquired a new position in shares of JPMorgan Equity Premium Income ETF during the second quarter worth $27,000. Advocate Investing Services LLC bought a new position in shares of JPMorgan Equity Premium Income ETF in the 1st quarter valued at $28,000. Olistico Wealth LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $35,000. Provenance Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 1st quarter valued at $42,000. Finally, Dynamic Wealth Strategies LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth $51,000.

JPMorgan Equity Premium Income ETF Stock Up 0.5%

Shares of JEPI stock opened at $57.36 on Wednesday. The firm has a market capitalization of $46.00 billion, a P/E ratio of 23.93 and a beta of 0.53. JPMorgan Equity Premium Income ETF has a twelve month low of $55.10 and a twelve month high of $59.90. The stock’s fifty day simple moving average is $57.01 and its 200 day simple moving average is $56.76.

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.