JPMorgan Equity Premium Income ETF $JEPI Holdings Lifted by Everest Financial Group LLC

Everest Financial Group LLC raised its stake in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 5.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 289,247 shares of the company’s stock after acquiring an additional 15,219 shares during the period. JPMorgan Equity Premium Income ETF makes up 1.9% of Everest Financial Group LLC’s portfolio, making the stock its 16th biggest position. Everest Financial Group LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $16,261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. NBH Bank bought a new position in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $27,000. Financial Management Professionals Inc. bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $30,000. Olistico Wealth LLC bought a new stake in JPMorgan Equity Premium Income ETF during the 3rd quarter valued at about $35,000. William Mack & Associates Inc. purchased a new position in JPMorgan Equity Premium Income ETF in the third quarter worth about $37,000. Finally, Dynamic Wealth Strategies LLC purchased a new position in JPMorgan Equity Premium Income ETF in the first quarter worth about $51,000.

JPMorgan Equity Premium Income ETF Stock Performance

Shares of NYSEARCA JEPI opened at $58.04 on Friday. The firm’s 50 day moving average price is $56.89 and its 200-day moving average price is $57.14. The company has a market cap of $47.13 billion, a PE ratio of 24.48 and a beta of 0.52. JPMorgan Equity Premium Income ETF has a 52-week low of $55.10 and a 52-week high of $59.90.

JPMorgan Equity Premium Income ETF 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.