Millennium Capital Advisors LLC Acquires New Shares in JPMorgan Equity Premium Income ETF $JEPI

Millennium Capital Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 22,181 shares of the company’s stock, valued at approximately $1,270,000. JPMorgan Equity Premium Income ETF comprises about 0.7% of Millennium Capital Advisors LLC’s investment portfolio, making the stock its 28th largest position.

Other institutional investors have also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new stake in JPMorgan Equity Premium Income ETF during the fourth quarter valued at $28,000. EQ Wealth Advisors LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter worth about $29,000. BTG Pactual Asset Management US LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the second quarter worth about $31,000. Logan Capital Management Inc. acquired a new stake in shares of JPMorgan Equity Premium Income ETF in the third quarter worth about $33,000. Finally, VSM Wealth Advisory LLC lifted its position in shares of JPMorgan Equity Premium Income ETF by 84.1% in the third quarter. VSM Wealth Advisory LLC now owns 589 shares of the company’s stock worth $34,000 after buying an additional 269 shares during the last quarter.

JPMorgan Equity Premium Income ETF Price Performance

Shares of NYSEARCA:JEPI opened at $55.89 on Friday. JPMorgan Equity Premium Income ETF has a fifty-two week low of $55.15 and a fifty-two week high of $59.90. The business has a 50-day moving average of $57.00 and a two-hundred day moving average of $57.58. The stock has a market capitalization of $44.28 billion, a P/E ratio of 23.93 and a beta of 0.56.

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.