Requisite Capital Management LLC Has $14.60 Million Position in JPMorgan Equity Premium Income ETF $JEPI

Requisite Capital Management LLC raised its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 8.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 253,178 shares of the company’s stock after purchasing an additional 19,817 shares during the period. JPMorgan Equity Premium Income ETF accounts for approximately 2.8% of Requisite Capital Management LLC’s portfolio, making the stock its 5th largest holding. Requisite Capital Management LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $14,600,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of JEPI. Brighton Jones LLC bought a new position in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $402,000. AQR Capital Management LLC grew its holdings in JPMorgan Equity Premium Income ETF by 28.1% during the first quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock valued at $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. bought a new position in JPMorgan Equity Premium Income ETF during the first quarter valued at $847,000. Schnieders Capital Management LLC. bought a new position in JPMorgan Equity Premium Income ETF during the second quarter valued at $3,093,000. Finally, First Trust Advisors LP bought a new position in shares of JPMorgan Equity Premium Income ETF in the second quarter worth $529,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $55.89 on Monday. JPMorgan Equity Premium Income ETF has a one year low of $55.15 and a one year high of $59.90. The business has a fifty day moving average price of $57.00 and a 200-day moving average price of $57.58. The firm has a market capitalization of $44.28 billion, a P/E ratio of 23.93 and a beta of 0.56.

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.