JPMorgan Equity Premium Income ETF $JEPI Shares Newly Bought by StoneX Group Inc.

StoneX Group Inc. bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 28,465 shares of the company’s stock, valued at approximately $1,602,000.

Other hedge funds also recently bought and sold shares of the company. Legacy Private Trust Co. purchased a new stake in JPMorgan Equity Premium Income ETF in the third quarter worth $2,602,000. Private Client Services LLC purchased a new position in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $3,694,000. Studio Investment Management LLC increased its position in JPMorgan Equity Premium Income ETF by 194.0% during the 2nd quarter. Studio Investment Management LLC now owns 54,050 shares of the company’s stock valued at $3,053,000 after purchasing an additional 35,668 shares during the period. Community Financial Services Group LLC bought a new position in JPMorgan Equity Premium Income ETF in the 3rd quarter worth $6,319,000. Finally, Allworth Financial LP raised its holdings in JPMorgan Equity Premium Income ETF by 4.5% in the 2nd quarter. Allworth Financial LP now owns 1,352,162 shares of the company’s stock worth $76,370,000 after purchasing an additional 58,356 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 2.1%

NYSEARCA:JEPI opened at $57.59 on Tuesday. The company has a 50-day moving average price of $56.85 and a 200-day moving average price of $57.15. JPMorgan Equity Premium Income ETF has a 12 month low of $55.10 and a 12 month high of $59.90. The stock has a market cap of $46.19 billion, a price-to-earnings ratio of 23.93 and a beta of 0.52.

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.