S&A Financial Services Inc. Takes Position in JPMorgan Equity Premium Income ETF $JEPI

S&A Financial Services Inc. bought a new position in JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 64,115 shares of the company’s stock, valued at approximately $3,634,000. JPMorgan Equity Premium Income ETF accounts for 2.5% of S&A Financial Services Inc.’s investment portfolio, making the stock its 11th biggest position.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF in the fourth quarter valued at $402,000. AQR Capital Management LLC boosted its stake in shares of JPMorgan Equity Premium Income ETF by 28.1% during the 1st quarter. AQR Capital Management LLC now owns 84,790 shares of the company’s stock worth $4,845,000 after purchasing an additional 18,619 shares during the period. Goldman Sachs Group Inc. bought a new position in JPMorgan Equity Premium Income ETF during the 1st quarter valued at about $847,000. Schnieders Capital Management LLC. bought a new position in JPMorgan Equity Premium Income ETF during the 2nd quarter valued at about $3,093,000. Finally, First Trust Advisors LP purchased a new stake in JPMorgan Equity Premium Income ETF in the 2nd quarter worth about $529,000.

JPMorgan Equity Premium Income ETF Price Performance

JPMorgan Equity Premium Income ETF stock opened at $57.43 on Monday. The firm has a market capitalization of $45.77 billion, a P/E ratio of 23.93 and a beta of 0.54. JPMorgan Equity Premium Income ETF has a 1-year low of $55.10 and a 1-year high of $59.90. The company’s 50-day moving average is $56.33 and its 200 day moving average is $57.21.

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.