True North Advisors LLC Has $2.52 Million Holdings in JPMorgan Equity Premium Income ETF $JEPI

True North Advisors LLC lifted its position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 23.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 44,281 shares of the company’s stock after acquiring an additional 8,530 shares during the quarter. True North Advisors LLC’s holdings in JPMorgan Equity Premium Income ETF were worth $2,517,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the first quarter worth $25,000. Millstone Evans Group LLC purchased a new stake in JPMorgan Equity Premium Income ETF in the 1st quarter worth about $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the 1st quarter worth about $29,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter worth approximately $32,000. Finally, Arlington Trust Co LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 140.0% during the 1st quarter. Arlington Trust Co LLC now owns 600 shares of the company’s stock valued at $34,000 after buying an additional 350 shares during the period.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA JEPI opened at $56.65 on Friday. The company has a market capitalization of $40.88 billion, a P/E ratio of 23.93 and a beta of 0.62. JPMorgan Equity Premium Income ETF has a one year low of $49.94 and a one year high of $60.88. The business’s 50-day moving average price is $56.78 and its two-hundred day moving average price is $56.14.

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.