Gries Financial LLC Raises Stock Holdings in JPMorgan Equity Premium Income ETF $JEPI

Gries Financial LLC grew its holdings in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 66.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 132,475 shares of the company’s stock after buying an additional 52,671 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 1.2% of Gries Financial LLC’s investment portfolio, making the stock its 14th largest position. Gries Financial LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $7,564,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 4th quarter worth $402,000. AQR Capital Management LLC raised 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 worth $4,845,000 after purchasing an additional 18,619 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in JPMorgan Equity Premium Income ETF by 2,337,300.0% in the 1st quarter. Jones Financial Companies Lllp now owns 140,244 shares of the company’s stock valued at $8,014,000 after buying an additional 140,238 shares in the last quarter. Cape Investment Advisory Inc. increased its position in shares of JPMorgan Equity Premium Income ETF by 186.7% during the first quarter. Cape Investment Advisory Inc. now owns 1,190 shares of the company’s stock worth $68,000 after purchasing an additional 775 shares in the last quarter. Finally, Kestra Investment Management LLC lifted its holdings in JPMorgan Equity Premium Income ETF by 92.0% in the first quarter. Kestra Investment Management LLC now owns 23,615 shares of the company’s stock valued at $1,349,000 after acquiring an additional 11,317 shares during the last quarter.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of JEPI stock opened at $57.47 on Tuesday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $49.94 and a fifty-two week high of $59.73. The stock has a market capitalization of $41.62 billion, a P/E ratio of 23.93 and a beta of 0.60. The company has a 50 day moving average price of $57.19 and a 200 day moving average price of $56.94.

JPMorgan Equity Premium Income ETF Company 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.