94,783 Shares in JPMorgan Equity Premium Income ETF $JEPI Bought by Investment Advisory Services Group LLC

Investment Advisory Services Group LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the 4th quarter, Holdings Channel.com reports. The fund acquired 94,783 shares of the company’s stock, valued at approximately $5,425,000. JPMorgan Equity Premium Income ETF makes up 4.8% of Investment Advisory Services Group LLC’s investment portfolio, making the stock its 5th largest position.

Other hedge funds have also recently modified their holdings of the company. Crewe Advisors LLC boosted its holdings in JPMorgan Equity Premium Income ETF by 32.9% in the fourth quarter. Crewe Advisors LLC now owns 38,406 shares of the company’s stock worth $2,198,000 after acquiring an additional 9,514 shares in the last quarter. Clearstead Trust LLC grew its holdings in shares of JPMorgan Equity Premium Income ETF by 307.8% during the third quarter. Clearstead Trust LLC now owns 79,494 shares of the company’s stock valued at $4,539,000 after buying an additional 59,999 shares during the last quarter. Cascade Wealth Advisors Inc increased its holdings in shares of JPMorgan Equity Premium Income ETF by 5.9% in the 3rd quarter. Cascade Wealth Advisors Inc now owns 268,627 shares of the company’s stock worth $15,237,000 after purchasing an additional 14,899 shares in the last quarter. BG Investment Services Inc. raised its position in JPMorgan Equity Premium Income ETF by 49.1% in the 3rd quarter. BG Investment Services Inc. now owns 68,887 shares of the company’s stock worth $3,933,000 after buying an additional 22,670 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC raised its holdings in shares of JPMorgan Equity Premium Income ETF by 90.4% during the fourth quarter. Cyndeo Wealth Partners LLC now owns 26,937 shares of the company’s stock valued at $1,542,000 after purchasing an additional 12,790 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

NYSEARCA JEPI opened at $55.85 on Tuesday. The stock has a market capitalization of $44.25 billion, a price-to-earnings ratio of 23.93 and a beta of 0.56. JPMorgan Equity Premium Income ETF has a 1-year low of $55.15 and a 1-year high of $59.90. The business’s fifty day moving average price is $57.26 and its 200-day moving average price is $57.62.

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. JEPI was launched on May 20, 2020 and is managed by JPMorgan.