Kingstone Capital Partners Texas LLC Acquires 401,771,477 Shares of JPMorgan Equity Premium Income ETF $JEPI

Kingstone Capital Partners Texas LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 387,324.3% in the 2nd quarter, Holdings Channel reports. The firm owned 401,875,207 shares of the company’s stock after purchasing an additional 401,771,477 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for 3.1% of Kingstone Capital Partners Texas LLC’s holdings, making the stock its 11th biggest holding. Kingstone Capital Partners Texas LLC owned 0.56% of JPMorgan Equity Premium Income ETF worth $22,736,908,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in JEPI. Mather Group LLC. bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at about $25,000. Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at about $29,000. Millstone Evans Group LLC bought a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter valued at about $29,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter valued at about $32,000. Finally, Arlington Trust Co LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 140.0% in the first quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock valued at $34,000 after acquiring an additional 350 shares in the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

JEPI stock opened at $56.93 on Friday. The business has a 50-day moving average price of $56.77 and a 200 day moving average price of $56.18. The company has a market capitalization of $41.08 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a 1-year low of $49.94 and a 1-year high of $60.88.

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.